BP To Face EPA Penalties Over Oil Spill

Law360, New York (May 24, 2010, 7:50 PM EDT) -- The U.S. Environmental Protection Agency reportedly has vowed to launch an enforcement action against BP PLC over the massive oil spill in the Gulf of Mexico, while the White House is reportedly holding off on a decision to resume offshore drilling permits until a review of the spill is completed.

"Absolutely there will need to be fines and enforcement penalties levied," EPA Administrator Lisa Jackson told reporters Monday, according to Reuters. "There are certainly going to be opportunities for fines and penalties."

Jackson was in Louisiana...
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