BP’s “Day of Reckoning”

The US Department of Justice leveled a $4 billion judgement against BP for its criminal behavior in the explosion at its Deepwater Horizon oil rig in the Gulf of Mexico in April of 2010.  The Guardian characterized the judgement this way:  “BP met its day of reckoning in the Gulf of Mexico oil disaster on Thursday when the company admitted guilt on 14 criminal charges…”

DOJ’s press release quoted Assistant Attorney General Lanny A. Breuer:  “The explosion of the rig was a disaster that resulted from BP’s culture of privileging profit over prudence.”  That’s certainly nothing new for the oil industry. Continue reading

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