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BP money, not oil, spilling over Gulf

Oct. 20, 2010 at 8:00 AM   |   Comments

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VENICE, La., Oct. 20 (UPI) -- Six months after the BP oil spill, U.S. compensation czar Kenneth Feinberg says he's paid out 75,000 claims totaling $1.5 billion of the $20 billion available.

Feinberg told the Washington Post about 93 percent of the oil spill victims have received the full amount they requested from the fund.

Six months ago, the oil spill was visibly altering the Gulf Coast but today it is BP's money that is changing lives, the Post reported Wednesday.

Some shrimpers like Acy Cooper Jr. of Venice, La., don't see the need to take their boats out.

"Why? It don't pay me to do that when they're going to pay my claim anyway," Cooper said.

Shrimper Ted Melancon of Cut Off, La., said he made enough money working for BP to buy new nets and new cable for his boat as well as a new Ford F-150 pickup truck. He said he can write everything off as a business expense.

"It don't pay to go back to work," Melancon said. "I'm done for the season."

© 2010 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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