Joe Rothstein: The End of BP As Major Energy Player?

Apr 30, 2013, 09:01 ET from EIN News

WASHINGTON, April 30, 2013 /PRNewswire-USNewswire/ -- In courts, BP is fighting for its corporate life.

If things go badly for BP in the U.S. federal justice system, the company could be forced to pay $17.5 billion for violation of the U.S. Clean Water Act and an additional $34 billion to Louisiana, Alabama, Mississippi, and Florida, all of whom are suing BP. Ten Gulf Coast cities joined the suits just last week. Thousands of Gulf Coast individuals, businesses and governmental entities also are among the plaintiffs.

To read the rest of EIN News' syndicated columnist Joe Rothstein's commentary go to:

- BP on Trial; The Sentence Could Be Death As a Major Energy Player -

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