Judge rejects BP attempt to lessen fines for Gulf spill
NEW ORLEANS - A federal judge has rejected an attempt by BP to lower the fines it faces from its catastrophic Gulf of Mexico oil spill in 2010.
U.S. District Judge Carl Barbier on Thursday agreed with government lawyers that BP should face paying up to $4,300 for each barrel of oil spilled.
BP wanted Barbier to cap the amount at $3,000 per barrel, the same amount set by the Clean Water Act in 1990 for gross negligence fines. But federal prosecutors argued that those amounts need to be adjusted for inflation and Barbier agreed.
The ruling leaves BP facing up to $13.7 billion in civil fines for the spill.
Barbier still has not ruled on how much BP should pay. He is expected to make that decision in the coming months.