Sarasota, Florida City accept BP oil spill settlements

Associated Press

Two Florida cities are accepting settlements from BP for damage caused by the 2010 Deepwater Horizon oil spill.

SARASOTA, Fla. (AP) — Two Florida cities are accepting settlements from BP for damage caused by the 2010 Deepwater Horizon oil spill — even though neither saw any oil.

After the Deepwater Horizon oil rig exploded, nearly 134 million gallons of crude oil gushed into the Gulf of Mexico.

Although Sarasota beaches never saw gloppy tar balls on its beaches, the perception that the damage was spreading across the region led to vacant hotels, shuttered restaurants and layoffs. City commissioners are accepting a $3.2 million settlement, though The Herald Tribune reports they originally sought $15 million.

Meanwhile, The Miami Herald reports that landlocked Florida City is accepting a $1.01 million settlement as compensation for losses experienced by hotels, restaurants and gas stations after fearful tourists stopped visiting the Everglades and Florida Keys.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs