Tuesday, February 1, 2011

Finally Some Good News or is it?

With all the sad news and in some ways scary news about what is happening in Egypt, I was really was trying to find some good news. I know everyone remembers the BP oil spill from last year, know the experts are saying that it will not take as long as previously expected. According to the administrator of the compensation team who was placed in charge by BP, Mr. Kenneth Feinberg. According to him and his team of environmentalists, economists, and other experts think that the Gulf should be cleaned by the end of 2012. However, they do place the claim that prediction is not an exact science. The money which is supposed to be compensated for the people who lost money will begin to take place very shortly. So far, Mr. Feinberg has given out $3.5 billion in emergency needs to the stricken Gulf areas.
However, many consider Feinberg not being disconnected from BP. According to a report done by a Texas A&M, researcher he claims that it is not going to be cleaned that quickly. Many people follow the findings of the A&M researcher and have found that this research could have some merit and many residents have hired lawyers to fight Feinberg and get the money they believe they deserve if it turns to those circumstances. I hope that the people are correct and that it takes a shorter amount of time than initially thought for the Gulf to recover, however only time will tell in that manner. Another point I would like to make is I hope the people get their just amount of money however, I hope they do not get greedy and want more than they deserve.
The full story can be found at http://nyti.ms/gd709b

2 comments:

  1. I think is some very good news that BP is getting this oil spill cleaned up. Its good to here that someone is still following this and not just leaving it in the past, because the situation is not over yet. Good post.

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  2. I heard of BP oil spill when I was still in my home town. It has been a long time from this thing occured. I am happy that BP company is getting oil cleaned. It cost a huge amount of money to clean up and waste much resource. Also, it hurt the environment. You can follow the past news for a long time. SO I can feel that you like follow all kinds of news in the world, not only the current news.

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