British energy giant BP said Thursday it had agreed to pay a record
$18.7 billion to compensate the US government and five states for
damages stemming from the deadly 2010 Gulf of Mexico oil spill.
The spill was sparked by an explosion on the Deepwater Horizon rig which
killed 11 men and saw millions of barrels of oil flow into Gulf waters,
in one of the worst environmental disasters to strike the United States.
It took 87 days to cap BP's runaway well -- some 5,000 feet (1,500 meters) below sea level off the coast of Louisiana.
Beaches
were blackened in five states and the region's tourism and fishing
industries were crippled in a tragedy that riveted the nation.
The truth is that there is no presently known or applicable 'recovery measures' that can immediately handle/curtail the disastrous effects of oil spills.
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