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US, states announce settlement with BP over gulf oil spill

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WASHINGTON (AP) — The Justice Department and five states on Monday announced a $20 billion final settlement of environmental damage claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. The deal, once approved by a judge, would resolve all civil claims against BP and end five years of legal fighting over a 134 million-gallon spill that affected 1,300 miles of shoreline. It also would bind the company to a massive cleanup project in the Gulf Coast area aimed at restoring wildlife, habitat and water quality. "BP is receiving the punishment it deserves, while also providing critical compensation for the injuries that it caused to the environment and the economy of the...

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