Latest news: February 29, 2012
Greens and Gulf Coast officials push Congress for fund for oil spill cleanup
By Kevin Bogardus and Rachel Leven, The Hill (Washington, D.C.). Feb. 28, 2012.
“Environmental groups and local governments on the Gulf Coast have stepped up teir lobbying push for legislation that would redirect federal funds toward the cleanup of 2010’s Deepwater Horizon oil spill…” (Read more)
BP seeks settlement with oil spill plaintiffs group
By Kathy Finn, Reuters. Feb. 28, 2012.
“NEW ORLEANS (Reuters) – BP Plc is seeking to settle a lawsuit over the massive 2010 Gulf of Mexico oil spill by tapping a $14 billion fund it set aside to compensate fishermen and businesses harmed by the disaster, lawyers familiar with the talks said…” (Read more)
Gulf oil spill criminal probe progressing, U.S. Attorney General Eric Holder says
By Bruce Alpert, Times-Picayune (New Orleans, La.). Feb. 28, 2012.
“Washington — Attorney General Eric Holder told Congress on Tuesday that a criminal investigation of the 2010 BP oil spill is progressing and that he expects to discuss the probe publicly “within months.” Testifying before the House Appropriations Committee, Holder also said that his prosecutors are ready to go to trial against BP and other companies connected to massive spill if settlement talks aren’t successful…” (Read more)