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(Photo by Matt Cardy/Getty Images)
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Louisiana Lawmakers React To Announcement Of BP Settlement

U.S. authorities have reached an $18.7 billion agreement with BP on the settlement of the 2010 Gulf oil spill. Louisiana is set to receive $6.8 billion for natural resource damages, Clean Water Act civil penalties, and state economic damages, and will be paid over the next 16 years.

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Category: National News
Gulf Coast Oil Spill (Photo by Joe Raedle/Getty Images)
Gulf Coast Oil Spill (Photo by Joe Raedle/Getty Images)
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Jury Decides BP Exec Told Truth About Oil Stats

NEW ORLEANS (AP) — A federal jury has found a former BP executive not guilty of making false statements to investigators in connection with the 2010 Gulf of Mexico oil spill.

Prosecutors said David Rainey, in the early days of the spill, manipulated calculations to match a far-too-low government estimate of the amount of oil spewing into the Gulf following the explosion of the Deepwater Horizon drilling rig

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