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RECORD FINE BP to Pay $4.5B U.S. Coast Guard via Getty Images

BP to Pay $4.5B

What’s the penalty for causing the worst environmental disaster in U.S. history? BP plead guilty to 11 felony counts and agreed to pay $4.5 billion in damages for the 2010 Gulf oil spill. Two BP employees will also face manslaughter charges for the deaths of 11 people in the Deepwater Horizon explosion. Sources also said that BP will plead guilty for lying to Congress about the size of the leak.

November 15, 2012 11:39 AM