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10/26/2007
BP Faces $373 Million Fine from Justice Department
BP Faces $373 Million Fine from Justice Department
Price fixing, environmental violations, exploding factories... Not a good couple of years for oil giant, BP. The nearly $400 million fine and related guilty plea on some environmental charges, will allow BP put to rest both a Federal price fixing probe as well as investigations of an Alaskan oil spill and Texas refinery explosion that left 14 dead. In addition to the fine, as a condition of their settlement, BP will also remain on probation for three years.
Got off easy if you ask me...
-- MDT
Got off easy if you ask me...
-- MDT
Labels: BP, Clean Air Act, oil, price fixing
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