A New Orleans judge will have to approve the consent decree after a 60-day public comment period before BP and the federal government can officially resolve their long-running legal battles over the massive 2010 oil spill.
The Houston oil company, a unit of copper miner Freeport-McMoRan, said Monday it expects to start bringing up oil and gas from three development wells it drilled at its Horn Mountain Deep field by the first half of 2017.
This weekend will feature the lowest gasoline prices in more than a decade with gas prices 99 cents cheaper than this time last year after a dip of 18 cents just in August, which was the greatest decrease since 2008, GasBuddy added. Average national gas prices were $2.44 a gallon Wednesday morning compared to $3.43 last year.
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