Contact Us

Final Cost of BP Oil Spill: $7.8 Billion Dollars

British Petroleum and a small army of plaintiffs’ attorneys have presented a New Orleans federal judge with the formal terms of a proposed class-action settlement designed to resolve billions of dollars in economic damage claims spawned by the 2010 oil spill in the Gulf of Mexico.

 

U.S. Coast Guard via Getty Images

BP and lawyers representing more than 100,000 individuals and businesses are asking U.S. District Judge Carl Barbier in New Orleans to give preliminary approval to the settlement agreement.

BP has estimated it will pay about $7.8 billion to resolve all the private party claims, which would make it one of the largest class-action settlements ever.

The judge hasn’t indicated when he will rule..

via Fuel Fix » Judge asked to sign off on $7.8 billion BP oil spill settlement.

More From Newstalk 860

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://ksfa860.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on NEWSTALK 860 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on NEWSTALK 860 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!