07 Mar '12, 8pm

What BP owes Americans #Gulf #oilspill

What BP owes Americans #Gulf #oilspill

Posted Wed, Mar 7, 2012 by jsavitz to bp , gulf of mexico oil spill , oil spills , what bp owes americans This blog was originally posted on the Huffington Post. There has been a lot of news lately about whether BP will settle all of the legal claims against it stemming from the Deepwater Horizon catastrophe two years ago, or whether the company will end up in court. As is typical of most things surrounding the oil spill issue, much of the information that has come out in recent weeks has done little more than muddy the waters. First of all, despite a settlement announced late last Friday, most of the legal claims against BP have not been settled. The recent $7.8 billion settlement only represents the private injury claims brought by local residents, fishermen, tourism companies, and the like whose businesses and livelihoods were devastated by the oil spill. That's importa...

Full article: http://oceana.org/en/blog/2012/03/what-bp-owes-americans

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