BP has only managed to pay one final claim out of 91,000

It helps when you have friends in high places. Maybe we need our own street protests to push for real change.

BP’s compensation fund for Gulf oil spill victims has issued a final settlement payment to just one of the thousands of people and businesses waiting for checks, records show, and that $10 million payout went to a company after the oil giant intervened on its behalf.

BP won’t identify the business, citing confidentiality, but acknowledges it lobbied for the settlement. The amount far exceeds smaller stopgap payments that some individuals and businesses have received while they wait for their own final settlements.

The Gulf Coast Claims Facility was set up in August to independently administer BP’s $20 billion compensation fund in the aftermath of its April 20 oil well blowout off Louisiana.


An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

Share This Post

© 2018 AMERICAblog Media, LLC. All rights reserved. · Entries RSS