Oil giant BP agreed to pay $18.7 billion in a settlement announced on Friday by Gulf Coast states and the federal government. The deal pays for the harm from BP's 2010 Gulf of Mexico oil spill, which was the worst in U.S. history. The accident killed 11 rig workers.
The tiny, South Texas town of Cotulla has experienced a hotel boom in the past five years, and all that business came from the surge in oil drilling. But the recent drop in oil prices is threatening to undermine the town's future.
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