BP settlement not the final word in spill story | Redux

BP settlement not the final word in spill story

Residential Heating Oil Release in Pembroke, Massachusetts by Massachusetts Dept. of Environmental Protection
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Excerpt:

The 2010 Deepwater Horizon oil spill sent between 35,000 and 50,000 barrels of oil a day flowing into the Gulf of Mexico for 100 days. NEW YORK (CNNMoney) -- BP announced Thursday it settled criminal charges with the U.S. government over the 2010 Deepwater Horizon oil spill for $4. 5 billion. But that won't resolve some of the biggest liabilities still facing the company. Chief among them is the penalty that could come out of the Clean Water Act -- a potential civil fine for spilling the oil itself. If things go the company's way, that fine could be somewhere between $3. 5 billion and $5 billion, said Jason Gammel, an analyst at Maquarie Securities Group in London. But if BP is found guilty of gross negligence in the spill, the penalty could more than quadruple to roughly $20 billion -- dwarfing today's settlement.

Keywords:

oil spill gross negligence Clean Water Act Deepwater Horizon private sector company Gulf oil stock civil fine criminal charges Thursday afternoon bigger deal civil trial Raymond James Richard Greene NEW YORK trust fund the gulf Mexico a share CNNMoney dwarfing quadruple liabilities damages violations worst outstanding trades Rosneft Jason Securities investors more money lawyers step Houston main report London Group the clean

People:

Jason Gammel

Overall Sentiment: -0.0168047

Relevance: 0.377089

Sentiment	Quote
0.0675077	"Once you begin to reach settlements, extending the process would seem to be easier," he said. ...
Sentiment Stats:	Number of Quotes: 1 Aggregate Sentiment: 0.0675077 Mean: 0.0675077 Standard Deviation: 1.4142135623731

Stacey Hudson

Overall Sentiment: 0.147472

Relevance: 0.291429

Sentiment	Quote
0.0847899	"That's a bigger deal," said Stacey Hudson, ...
0.0582617	"That's a bigger deal," said Stacey Hudson, an analyst at Raymond James in Houston. "There's more money on the table."
Sentiment Stats:	Number of Quotes: 2 Aggregate Sentiment: 0.1430516 Mean: 0.0715258 Standard Deviation: 1.7320508075689

Richard Greene

Overall Sentiment: 0

Relevance: 0.213517

Disambiguation: Actor | FilmActor | TVActorReferences:

• Richard Greene: dbpedia
• Richard Greene: freebase
• Richard Greene: umbel
• Richard Greene: yago

Key:

• Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
• The Mean is meant to be an indicator of an individual's average comment sentiment.
• The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

City: NEW YORK

Overall Sentiment: -0.0579593

Relevance: 0.520971

Disambiguation: References:

• New York, Texas: dbpedia
• New York, Texas: freebase
• New York, Texas: geonames
• New York, Texas: yago

Region: Gulf of Mexico

Overall Sentiment: -0.103036

Relevance: 0.349184

FieldTerminology: oil spill

Overall Sentiment: -0.356606

Relevance: 0.913733

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BP settlement not the final word in spill story

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