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Gulf Oil Spill December 2011 Update
December 1, 2011
The Gulf Coast Claims Facility (GCCF), the administrating organization in charge of BP's $20 billion fund for victims of the Gulf oil spill, has announced an increase in final settlements for shrimp and crab fishermen.
Originally, shrimp and crab fishermen were eligible to collect twice their demonstrable 2010 spill-related losses. However, following Louisiana's worst white shrimp season in recent memory, which may be connected to residual oil spill damage, the GCCF is allowing commercial shrimp and crab fishermen to collect up to four times their 2010 spill-related losses.
A BP spokesperson has stated that although the company respects the GCCF's administrative authority, they believe that the fund "has already compensated commercial shimpers and crabbers far in excess of the documented, spill-related losses."
In other news, BP, Transocean and Halliburton will likely face a second round of federal safety and evironmental violation citations.
During the first round of citations, based on a joint Interior Department and Coast Guard investigation into the causes of the Deepwater Horizon explosion, the three companies were charged with a total of fifteen violations. The latest notices of violation are based on additional government review of materials not already addressed in the joint investigation report.