$4.5 Billion Is “Small Change” for BP Oil, Greenpeace Says

The fine is too small for the company to have learned its lesson

It may very well be that, as far as most people are concerned, $4.5 billion is quite a lot of money, yet the environmentalists working with Greenpeace maintain that said sum is nothing but “small change” for BP, the company responsible for the Deep Horizon oil spill.

As this organization puts it, BP has bigger profits to worry about, and having to pay this $4.5 billion will do little to make them reconsider their future working agenda.

“The number announced on Thursday – US $4.5 billion (€3.52 billion) – represents BP’s criminal settlement with the US government and a victory for the giant oil corporation."

"It's a victory because BP's stock price rose and since stock price is the only number that means anything to people who run oil companies, it tells us today's settlement was a reward, rather than a punishment, for BP,” Greenpeace says.

Interestingly enough, this green-oriented organization claims that BP's profits for the third quarter of this year amounted to a whopping $5.5 billion (€4.31 billion) , which basically means that they made significantly more money than they will have to spend on settling the Deepwater Horizon oil spill trial.

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