Deepwater Horizon oil spill and payments to a trust fund had cost the company $42.2 billion. In September 2014, a U.S. District Court judge ruled that BP was primarily responsible for the oil spill because of its gross negligence and reckless conduct. In July 2015, BP agreed to pay $18.7 billion in fines, the largest corporate settlement in U.S. history. How the misuse of categorical exclusion for National Environmental Policy Act (NEPA) compliance relates to this spill is described in Regulatory Capture. The "Deepwater Horizon" was a 10-year-old semi-submersible, mobile, floating, dynamically positioned drilling rig that could operate in waters up to deep. Built
Oil spill governance in the United States Oil spill governance in the United States Oil spill governance in the United States is governed by federal law. The governance framework for oil spills in the United States prior to the Oil Pollution Act (OPA) of 1990 lacked proper consolidation and proved to be inadequate in preventing and responding to oil spillages. A timeline produced by the World Resources Institute (WRI) highlights some key events in oil drilling governance and regulatory system that ultimately govern oil spills in the United States. Although the OPA provides a framework for oil spillage governance recent events resulting in the BP deep water