Oil Spill Crude Disaster

Apr 15, 2011 6:56 AM by Posted by Sharlee Barriere

Senators Want BP Fines to Help Gulf Coast

NEW ORLEANS (AP) - Louisiana's two U.S. senators have filed a
bill to get 80 percent of the penalties BP faces paying for last year's oil spill in the Gulf of Mexico to go toward fixing the Gulf Coast. Similar legislative efforts have been unsuccessful so far.
Sens. Mary Landrieu and David Vitter said it would be fair for the Gulf Coast to get the money from Clean Water Act fines.
The bill calls 35 percent of the funds to be shared by five Gulf Coast states. The bill says the states could use the money to help businesses and the ecosystem. Then, 60 percent would to go to ecosystem restoration and 5 percent for a science program.
The senators say BP faces hefty fines between $5.4 billion and $21.1 billion.


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