BP asks judge to cap spill penalties at $12 billion

HOUSTON – BP wants a federal judge to cap its potential oil-spill pollution fines at a maximum of $12.3 billion, a move that would cut away nearly a third of the penalties U.S. prosecutors are seeking for the Deepwater Horizon disaster.

http://fuelfix.com/blog/2014/11/17/bp-asks-judge-to-cap-spill-penalties-at-12-billion/