Graves Statement on US, BP Final Settlement Agreement
Washington, DC – Congressman Garret Graves (R – South Louisiana) released the following statement today after the Justice Department announced a final settlement with BP of $20.8 billion for its role in the 2010 Gulf of Mexico oil spill.
Graves said: “Months ago, an historic agreement in principle was announced between BP and state and federal agencies. The consent decree released today puts meat on the bones of that agreement and provides a court-enforced contract to hold BP accountable. This is an important step forward toward closure. I'd urge everyone with a stake in South Louisiana to take advantage of the 60-day comment period to help perfect this consent decree.
In the meantime, we will continue working to compress the time frame of the payments and look at improvements to the law that would incorporate lessons learned from this disaster and the careless loss of life.”