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BP Deserves $18B Max Penalty For Deepwater Spill, US Says

By Keith Goldberg (December 22, 2014, 1:09 PM EST) -- The U.S. government on Friday urged the judge overseeing the Deepwater Horizon multidistrict litigation to hit BP Exploration & Production Inc. with $18 billion in Clean Water Act penalties, saying the energy giant's role in the 2010 disaster warranted the maximum penalty under the law....

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