Latest news: February 9, 2012
BP Said to Seek Settlement of Spill Claims
By Margaret Cronin Fisk and Allen Johnson Jr., Bloomberg News. February 9, 2012.
“BP Plc (BP/) is negotiating with U.S. officials to settle pollution claims over the 2010 Gulf of Mexico oil spill that may leave the company liable for as much as $17.6 billion in fines, a person familiar with the talks said…”
Pass Gulf restoration act before BP settlement
Editorial, Bradenton Herald. February 7, 2012.
News reports indicate that BP is agreeable to a $20 billion to $25 billion settlement with the U.S. Justice Department on all charges connected to the 2010 massive Gulf of Mexico oil spill. That money rightfully belongs to the five Gulf states that suffered enormous economic losses and ecological damage…”
Gulf Coast lawmakers: Time may be running out for RESTORE Act
By George Altman, Press-Register. February 8, 2012.
“WASHINGTON — Members of Congress from the Gulf Coast, joined by local officials in Washington to push for an oil spill fine bill, worried Wednesday that time could be running short for legislation to send what could be billions of dollars in spill fines to the Gulf…”
Local Leaders Want BP Fines To Restore Ecosystem
WSDU (New Orleans, La.). February 8, 2012.
Local Leaders are asking lawmakers in Washington today to pass the restore act, which will dedicate BP Clean Water Act fines to restore the ecosystem and economy in gulf coast states.”
Gulf coast leaders urge passage of Restore Act
By Steve Phillips, WLOX (Biloxi, Miss.). February 8, 2012.
“WASHINGTON (WLOX) – A coalition of Gulf Coast leaders is lobbying Congress to pass the Restore Act. That bill would require that 80 percent of all BP fine money be distributed to the five Gulf Coast states…”
La. waterway projects get funding boost
The Advertiser (Lafayette, La.). February 8, 2012.
“More than $22 million is heading to Louisiana for major waterways, U.S. Sen. Mary Landrieu, D-New Orleans, said today…”