WASHINGTON, Dec. 8 (UPI) -- The U.S. Supreme Court has refused to hear the $9.7 billion BP oil spill settlement case, rejecting their argument that they are paying undamaged businesses.
BP originally estimated a $7.8 billion payout but now says it is looking at costs anywhere from $9.7 to $20 billion. They anticipate ultimately paying $43 billion in a pretax total to pay for the fallout from the spill.