Saturday, July 14, 2012

Analysis: New law on BP spill fines raises stakes for Gulf states

HOUSTON (Reuters) - U.S. Gulf Coast states have a higher stake in the amount of money the U.S. government can wring out of BP Plc for the 2010 Deepwater Horizon oil spill due to a new law that would divert billions of dollars in potential BP fines to them.

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