"The British oil company BP has agreed to pay $18.7 billion to five Gulf Coast states and the federal..."

“The British oil company BP has agreed to pay $18.7 billion to five Gulf Coast states and the federal government in damages over the 2010 Deepwater Horizon oil spill.The tentative settlement brings to an end a trial that began more than two years ago, in one of the most complex and closely watched civil cases in American history, and it comes on top of more than $4 billion in criminal fines that BP had already agreed to pay.The company estimates that it will ultimately spend more than $40 billion in costs from the spill, including about $14 billion it spent in a three-month effort to contain the spill, which left much of the American public spellbound as images of the oil escaping the well hour after hour were aired on television.”

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Why BP Is Paying $18.7 Billion - The New York Times (via dendroica)

Now, while people kept trying to claim our president is sooooo pro-corporate, it should be mentioned that no oil settlement even close to this size has ever been accomplished.

Good job. Now let’s get this country OFF of oil addiction all together.