Oceana Calls BP Settlement Proposal “A Disappointment” and “Woefully Inadequate”

In response to the announcement of BP’s proposed settlement in the Gulf, Oceana’s vice president for the U.S. Jacqueline Savitz released the following statement:

“Today’s announcement of a BP settlement for its federal and state claims is a disappointment to those who believe that the company should pay the full cost of the damages it caused. $18.7 billion may sound like a lot of money, and it is, but it pales in comparison to what BP really owes.

BP should pay an amount sufficient to compensate local communities and fund restoration projects, based on the full amount of the Clean Water […]