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BP Fined Record $4.5 Billion for Gulf Oil Spill
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Smoke rises from a controlled burn operation during the BP oil spill crisis on May 19, 2010, in the Gulf of Mexico. BP was fined $4.5 billion, the largest criminal penalty in U.S. history, for the 2010 oil spill in the Gulf of Mexico.
Oil from the BP Deepwater Horizon spill floats on the water on Barataria Bay off the coast of Louisiana. An April 20, 2010, explosion at the offshore platform killed 11 men, and the subsequent leak released an estimated 172 million gallons of petroleum into the Gulf of Mexico.
President Barack Obama answers questions after touring the beach at Port Fourchon, La., with Adm. Thad Allen and Lafourche Parish President Charlotte Randolph on May 28, 2010. The oil spill resulting from the Deepwater Horizon disaster ranks as the worst in U.S. history.
Lamar McKay, president and chairman of BP America, Transocean CEO Steven Newman, and Halliburton executive Tim Probert testify before the Senate Committee on Environment and Public Works, on Capitol Hill in Washington on May 11, 2010.
Demonstrators hold up signs on Capitol Hill in Washington on May 17, 2010, as BP America Chairman and President Lamar McKay waits his turn to testify before the Senate Homeland Security and Governmental Affairs Committee hearing to assess the nation's response to BP's Deepwater Horizon oil spill.