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WAPO – Coast residents took...

WAPO – Coast residents took advantage of BP during oil spill

By: Magnolia Tribune - April 18, 2011

WAPO – Coast residents took advantage of BP during oil spill

The oil spill that was once expected to bring economic ruin to the Gulf Coast appears to have delivered something entirely different: a gusher of money.

So many people cashed in that they earned nicknames: “spillionaires” or “BP rich.” Others hurt by the spill wound up getting comparatively little. Many people who got money deserved it. But in the end, BP’s attempt to make things right — spending more than $16 billion so far, mostly on damage claims and cleanup — created new divisions and even new wrongs.

Those documents show that companies with ties to parish insiders got lucrative contracts and then charged BP for every possible expense. The prime cleanup company submitted bills with little or no documentation. A subcontractor billed BP $15,400 per month to rent a generator that usually cost $1,500 a month. Another company charged BP more than a $1 million a month for land it had been renting for less than $1,700 a month. Assignments for individual fishermen also fell under the control of political leaders.

Washington Post
4/13/11

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.