Geyser

Wed, 2011-10-05 17:30Farron Cousins
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New Federal Report Says Gulf of Mexico Cleanup Needed “Urgently”

A preliminary report released Wednesday by the federal Gulf Coast Ecosystem Restoration Task Force says that cleanup is needed for the Gulf of Mexico “urgently,” in order to protect the environmental and economical status of the Gulf.

The task force was established by President Obama after the oil disaster in the Gulf last summer, and is set to deliver a final report on the status of the Gulf of Mexico, as well as a restoration strategy for Gulf Coast states to implement in order to save the region. The goals set forward by the task force include conserving habitats along the Gulf Coast, improving water quality, protecting coastal resources, and enhancing the resilience of coastal communities.

Tue, 2011-07-12 16:02Farron Cousins
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BP Urges Government To Halt Gulf Oil Disaster Relief Payments For Future Losses

Oil giant BP is urging the federal government to stop making payments to Gulf Coast residents affected by last year’s Gulf of Mexico oil geyser. BP claims that the improving economic conditions among areas hit the hardest by the oil provide enough evidence to show that they no longer need to be compensated for future losses from the environmental disaster.

To date, roughly $4.5 billion worth of claims have been paid out of the $20 billion fund established by the government and funded by BP to pay victims of the oil catastrophe. Claims continue to be filed with the government seeking compensation for their losses.

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