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City of Houston, Metro, Harris County To Share BP Settlement

The City of Houston will get the bulk of the settlement, more than $12 million.

2010 Deepwater Horizon fire
2010 Deepwater Horizon fire, Credit: Deepwater Horizon Response/Coast Guard

The City of Houston, Metro and Harris County will share a more than $23 million settlement with BP to cover economic damages caused by the 2010 Deepwater Horizon.

The City of Houston will get the bulk of the settlement, more than $12 million. Metro gets more than $9 million and Harris County’s portion is a little over $2 million. The three entities argued that they lost hotel and sales tax revenues because of the spill.

Final approval of the settlement is expected within a few days.    

 

Related stories: 

Harris County Close To Reaching Settlement With BP

Will The Settlement Cost From BP Oil Spill Cover Future Damage?

Texas To Get Nearly $790M In BP Oil Spill Settlement

 

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