skip to main content
skip to newscasts

Sunday, May 5, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Jury hears Trump and Cohen Discussing Hush-Money Deal on secret recording; Nature-based solutions help solve Mississippi River Delta problems; Public lands groups cheer the expansion of two CA national monuments; 'Art Against the Odds' shines a light on artists in the WI justice system.

view newscast page
play newscast audioPlay

President Biden defends dissent but says "order must prevail" on campus, former President Trump won't commit to accepting the 2024 election results and Nebraska lawmakers circumvent a ballot measure repealing private school vouchers.

view newscast page
play newscast audioPlay

Bidding begins soon for Wyoming's elk antlers, Southeastern states gained population in the past year, small rural energy projects are losing out to bigger proposals, and a rural arts cooperative is filling the gap for schools in Pennsylvania and West Virginia.

BP Oil Spill – Time to Settle?

play audio
Play

Thursday, November 1, 2012   

BEAUMONT, Texas - It's decision time for many whose livelihoods were affected by the 2010 Deepwater Horizon blowout in the Gulf of Mexico. Private claims of economic hardship against oil giant British Petroleum (BP) will become part of a class-action settlement process, with participants likely forfeiting the right to sue later on their own unless they formally opt out of the deal this week.

Beaumont attorney Brent Coon represents about 14,000 claimants associated with the fishing, tourism and oil industries from the five Gulf states.

"If you were impacted - lost some business, lost some period of employment - there are critical deadlines. If you do not exercise that choice by Thursday, the court will make it for you."

Joining the class could be the fastest way to receive compensation, but Coon says many have good reasons to opt out. Some worry that complex eligibility criteria leave too much uncertainty about their share of the proposed $7.8 billion settlement. Others fear the deal won't factor in the spill's long-term impacts.

National Wildlife Federation Vice President for Wildlife Conservation John Kostyack says more damage is likely to come. He wants BP to agree up front to fair settlements that take unknowns into account.

"A lot of things are playing out that are unprecedented: this amount of oil, this amount of dispersant, this amount of methane put into that system. That's never been done. We're in a gigantic experiment. So, we need to make sure that there's money built into any settlement to deal with the unknowns."

Kostyack is concerned about recent reports that BP and the Justice Department are closing in on a settlement deal of their own that might amount to billions of dollars less than if the case were to go to trial. The fines are meant to deter oil companies from future reckless practices, and they are used by states for restoration.

While Kostyack hopes a drawn-out court battle can be avoided, he says the government should not let BP off too easy when there are still so many unanswered questions - such as what will happen to the remaining oil on the Gulf floor.

"Will that oil deteriorate naturally, or will some monster storms come along and send that oil into the marshes and other coastal habitats?"

Texas wasn't hit as hard by the spill as some other areas, and some plaintiffs in the state are excluded from the class suit. However, attorney Coon says many Texans were impacted dramatically and deserve full compensation.

"Southeast Texas, in particular, is heavily reliant on commercial fisheries, most notably the shrimping industry. And the economies within those areas suffered greatly as well, because when you couldn't shrimp, there was no money going back into those communities."

A temporary moratorium on offshore rig operations after the spill hurt many oil-related businesses in Texas, Coon adds.

A New Orleans judge will hold a fairness hearing on Nov. 8 to determine whether the class-action settlement proposal can proceed. BP is urging the court to approve the plan, saying the majority of claimants favor it.


get more stories like this via email

more stories
Berryessa Snow Mountain National Monument's new Molok Loyuk region provides habitat for tule elk, mountain lions, bears, bald eagles and golden eagles. (Hispanic Access Foundation)

Environment

play sound

Conservation groups, tribes and community organizers are praising President Joe Biden's decision Thursday to expand two national monuments in …


Social Issues

play sound

Pennsylvania is among the states where massive protests and tent encampments opposing the war in Gaza are growing. Elez Beresin-Scher, a sociology …

Health and Wellness

play sound

Studies show suicide is a serious public health problem, claiming more than 48,000 lives each year in the nation. A new initiative from the Zero …


An installation view of the exhibition Art Against the Odds, is shown at the Neville Public Museum in Green Bay, Wisconsin. (Photo courtesy of Kate Mothes)

Social Issues

play sound

By Kate Mothes for Arts Midwest.Broadcast version by Mike Moen for Wisconsin News Connection reporting for the Arts Midwest-Public News Service Collab…

Health and Wellness

play sound

As Children's Mental Health Awareness Week kicks off in Arkansas, an expert said parents can help their children have a healthy brain to thrive…

It is estimated 30% to 40% of the world's population now has some form of allergy, everything from hay fever to eczema and asthma. (auremar/AdobeStock)

Health and Wellness

play sound

Toughing it out during spring allergy season is not in your best interest if you want to avoid asthma later in life. New Mexico has plenty of grass …

Social Issues

play sound

Michigan legislators are tackling predatory lending practices, aiming to set standards for payday loans and maximum interest rates. In Kent County …

play sound

Petitions are being circulated to get a marijuana legalization question on North Dakota's fall ballot. Some local officials said marijuana laws …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021