OSHRC

In October 2009, the Labor Department's Occupational Safety and Health Administration (OSHA) made national headlines when it proposed a record-setting $87 million penalty against BP Products North America Inc. for the company' failure to correct serious safety hazards at its Texas City, Texas refinery. Ten months later, OSHA announced that it reached a settlement with BP regarding some of those violations and penalties, with the firm agreeing to pay $50.6 million. It's not unusual for the penalty amounts proposed by OSHA to be reduced significantly to a figure eventually paid by the…