BP Oil Spill Caused $95 Million to $1.6 Billion in Damages to Commercial Fishing Sector
SEAFOODNEWS.COM [The Times-Picayune] by Mark Schleifstein - June 27, 2016
The BP oil spill may have cost the Gulf of Mexico's commercial fishing industry between $94.7 million and $1.6 billion and between 740 and 9,315 jobs from May to December 2010, according to a study released Wednesday (June 22) by the Bureau of Ocean Energy Management.
The study, conducted by The Vertex Companies of Boston, Mass., measured the impact of the spill during the same period of time that is being used to calculate claims being paid to fishermen under a 2012 court-approved settlement agreement between private parties and BP. The three-year study cost $355,888...
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