And that’s that. From CNN:

A federal judge in New Orleans Tuesday approved a $4 billion plea agreement for criminal fines and penalties against oil giant BP for the 2010 Gulf oil spill, the largest criminal penalty in U.S. history.

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U.S. District Court Judge Sarah Vance imposed the terms that the Justice Department and BP had agreed to last November, which include the oil company pleading guilty to 14 criminal counts — among them, felony manslaughter charges — and the payment of a record $4 billion in criminal penalties over five years.

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Once you add in the $1.4 billion levied against Transocean, the total bill for polluting the Gulf of Mexico and killing 11 workers is $5.4 billion. Or, if you’re so inclined, $5.3 million a day since the explosion on April 20, 2010.

Over the same time period, including BP’s $17 billion loss at the time of the explosion, BP has earned $25.966 billion in profit. Meaning that it’s made $25.5 million in profit a day since the explosion. Take out the BP settlement, and that’s $21.57 million every day, from the day the Deepwater Horizon exploded until today, that BP has earned selling oil. That’s $898,000 an hour. About $250 a second, every second.

In other words — I think they’ll survive this “largest criminal penalty in U.S. history.”

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