BP Has Paid $29 Million In Economic Loss Claims, But Doesn't Want A Judge To Oversee The Process

MIAMI (AP) -- BP says it has paid at least $29 million to people claiming economic losses because of the Gulf of Mexico oil spill.

The oil company said in court documents Tuesday in Louisiana that it has yet to deny any claims. Many of the claims are from fishermen and shrimpers.

BP said 25,000 claims have been submitted and more than 12,000 payments have been made so far.

BP is trying to block an attempt by some fishermen to get a federal judge to oversee the claims process. BP says the 1990 Oil Pollution Act gives the Coast Guard oversight responsibilities.

BP and other companies involved in the Deepwater Horizon rig disaster have been targeted by more than 130 lawsuits. BP says people who accept claims do not waive rights to sue.

Comments

[tjconkster]

07:54 PM on 05/27/2010

Of Course they don't which is exactly why oversight is needed...

[Mensch99]

11:11 AM on 05/27/2010

Appoint Judge Dredd as Special Prosecutor!

Case closed!

[banker67]

09:37 AM on 05/27/2010

The top ten executives at Halliburton, BP and Transocean should be in jail and they should be fined a sum equal to their families' entire net worth. If this could be blamed (and someone will surely try this) on an Afghan terrorist, we'd nuke three or four sovereign nations into black glass shards. Instead, we let the perpetrators of this most massive attack on America to make exculpatory speeches daily, live in utmost luxury and continue their crimes without restraint.
Incredible.

[GonzoBrawler]

07:20 AM on 05/27/2010

Of course they dont want anyone overseeing how bad they are screwing people over, after they destroy their lives.

[IMSickOfAllOfEm]

07:09 AM on 05/27/2010

Send your comments about this crisis directly to the White House.

http://www.whitehouse.gov/contact

[tc399]

03:02 AM on 05/29/2010

The White house isn't interested. Send your requests, with cash, To Paladin, Hawaii. We can solve the problem.

[sherwoodforest]

04:53 AM on 05/27/2010

Oh, we better give them 24 hour a day- 100 year over sight then!
These guys just will keep on doing this- got to make them pay- money and maybe even jail time.
This is not EXXON Valdez in one crucial way- they can not blame it all on one drunk sailor. MMA is going to do some time in court too with any luck.

[greenie 61]

01:36 AM on 05/27/2010

I'll bet crooks don't want the police standing over their shoulders while they're robbing either.

[jws2346]

12:37 AM on 05/27/2010

Whaaaat???? Just who in the HE double L do these BP maroons think they are? First they got the POTUS and others to think they are the all knowledgeable saviors and only THEY can stop the destruction (leak) that THEY caused? Now after reading this article, not only should we be grateful for their unique and expert help, but we should just over ride the Constitutional rights of everyone in their favor. WAKE THE FRIG UP PEOPLE! As far as I know BP isn't even a American company (NOT racist, just asking?)

[ydnas639]

11:49 PM on 05/26/2010

BP has said a lot of things: deep drilling is safe, the rig is safe, we can handle whatever comes up, we tested the blowout preventer; none of which were based on facts. Why on this earth, or any other planet, would anyone believe 'the check is in the mail' line from them.
Check the facts on BP and all of its dealings, both with the oil gusher, and any other business dealings they have. Then, check the fact checkers and check the people who check the fact checkers.
The entire world (at least the part of the world not a wholly-owned subsidiary of BP) knows not to trust any blustering by "Big and Important" BP.
Also, has no one in the UK never seen a Frankenstein movie. They don't seem to recognize that when people's faces look like that, that the Lord of the castle has a stake and flames in the immediate future.
Greed and Stupidity: ABFAB business model, guys.

[RonRutherford]

11:44 PM on 05/26/2010

At least they aren't waiving their right to sue by collecting money now. Honestly, BP could be handling this a lot worse. They've agreed to EVERY claim that's been made against them thus far? Sure, it's to save their own hides, but can't ask much more than that at this point. Ultimately they should/will be forced to pay for the entire cleanup effort as well.

http://therationalreport.blogspot.com/

[Wood]

10:55 PM on 05/26/2010

It's all about holding onto every penny they can.

First things, first.. Congress needs to raise their liability. $75mill won't cut it..

[1088]

11:21 PM on 05/26/2010

Thanks to the Republicans who block the bill from passing!

[planetjeffy]

03:57 AM on 05/27/2010

how about

no limit

let the oil fall where it may

[Neil Plascencia]

10:05 PM on 05/26/2010

If I shorted Gulf stocks the day before this platform explosion and bought a company that puts out oil well fires the week before, I'd have the FBI at my door within hours.

Cheney's Halliburton bought a company called Boots & Coots which became well known for putting out some of the world's largest oil and gas fires. 8 days before the disaster http://www.chron.com/disp/story.mpl/business/6952547.html

Goldman Sachs shorted the Gulf Oil stocks the day before the accident http://www.examiner.com/x-8199-Breakthrough-Energy-Examiner~y2010m5d5-No-joke-Goldman-Sachs-shorted-Gulf-of-Mexico

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49746450

Cementing of the oil rig well was finished only 20 hours before the explosion http://www.npr.org/templates/story/story.php?storyId=126536457

BP sent workers from the well head testing company home 11 hours before the explosion on April 20 -- "without performing a final check http://www.huffingtonpost.com/2010/05/20/bp-smoking-gun-oil-giant_n_583590.html”

A team from Schlumberger, which is highly regarded for their safety, asks a BP company man to use the Cement Bond Log (CBL) to dump fluid down the well and BP's company man refused. Schlumberger rep decides to leave citing safety issues but only if they called in their own transport as BP rep would not let Schlumberger leave on a BP Chopper.
http://adropofrain.net/2010/05/rumor-schlumberger-exits-deep-horizon-hours-before-blowout/

[RonRutherford]

11:47 PM on 05/26/2010

Fav'd. What do you personally believe happened, in lieu of all the articles you just linked?

http://therationalreport.blogspot.com/

[Neil Plascencia]

12:26 AM on 05/27/2010

First off, I am surprised that the media is not all over this. The fact that they are not has me really worried.

I think this was done on purpose to bring this country or this president down, it's a toss-up. How could so many coincidences happen and no one questions it?

Why anyone would create such an incredible ecological disaster for any type of gain is stunning. This is pure evil at its worst.....

[CJCalgirl]

12:05 AM on 05/27/2010

Neil, I heard about some of this, but not about purchases. THANKS!!!

[AnonymousDissenter]

09:02 PM on 05/26/2010

To BP:

What with all the extremely important work the Coast Guard and you are doing right now and your long history of "mistakes" with regards to American property, we are not convinced that you have the time or resources to make sure that the claims were all settled without any further "mistakes". For example, in your rush to do the "right thing", you might have accidentally slipped in a clause that requires the claimants to waive all rights to further claims, or perhaps signed the checks in pencil, or maybe unintentionally drafted a maritime law requiring that your CEO be hereafter addressed as Dear Leader. Therefore, we must decline your kind offer and insist that we really don't mind paying to have someone take a look to make sure that no more "mistakes" are made.

Sincerely,
American Tax Payers

P.S. We hate to ruin the surprise, but what size jumpsuit do your executives wear? Tony looks like a medium, but those European sizes are confusing. We think he'd look fabulous in orange.

[RonRutherford]

12:05 AM on 05/27/2010

The problem is, the Federal Gov't is incapable of helping in any way, so BP is all we got.

http://therationalreport.blogspot.com/

[iduran5600]

08:43 PM on 05/26/2010

Looking for a way to make our voices heard about the devastating effects of Offshore Drilling- to stop tragic spills from happening again. Join the campaign! Find us on Facebook: 1 MILLION STRONG AGAINST OFFSHORE DRILLING.ThE Group page will be updated daily with current news regarding the Gulf oil spill. It will also be a resource to look to for many different ways in which we can all get involved.

[pinkylee23]

07:07 PM on 05/26/2010

Dirge for the age:
DUMP OIL on 'adolf' svanberg, suttles and hayward!
Dump oil on all BP workers!
Jail all BP workers for life
Strip all BP workers of their assets and use them for the clean up
Dismantle BP as a warning to other 'oilistas'
Jail all regulators for life
Fire salazar
Fire chu
Remove obama from the B(ack) P(ocket)
SOS! Save Other Species!!!! Stop the human greed!!!
SOS! Save Other Species!!!! Stop the human greed!!!

DUMP OIL on 'adolf' svanberg, suttles and hayward!
Dump oil on all BP workers!
Jail all BP workers for life
Strip all BP workers of their assets and use them for the clean up
Dismantle BP as a warning to other 'oilistas'
Jail all regulators for life
Fire salazar
Fire chu
Remove obama from the B(ack) P(ocket)
SOS! Save Other Species!!!! Stop the human greed!!!
SOS! Save Other Species!!!! Stop the human greed!!!
SOS! Save Other Species!!!! Stop the human greed!!!