How Florida, Gulf Coast states will divide BP oil spill settlement
Most of the $18.7 billion proposed settlement that BP reached over its 2010 Gulf of Mexico oil spill would go to five Gulf Coast states, if the deal is approved by a judge. A portion of the settlement is not assigned to any particular state. Here’s how the state-specific money breaks down, with payments to states being made over nearly two decades: ALABAMA Alabama would receive $2.3 billion. Gov. Robert Bentley said the settlement would steer $1.3 billion for coastal…