Business

Bigger Payouts On The Way For Shrimpers Hurt By Gulf Oil Spill

The administrator of the $20 billion fund set up to compensate individuals and businesses hurt by last year's Gulf of Mexico oil spill says new rules are being formulated to make payouts more generous to hard-hit shrimpers.

Washington attorney Kenneth Feinberg told a House Committee on Natural Resources hearing he hopes to announce the rules within two weeks. He agrees with concerns from shrimpers that the length and extent of the damage they have suffered because of the Macondo well blowout has been more significant than first thought.

Feinberg remains under fire for the slow pace of payments and for denying many claims. Eighteen months after the spill, the fund has paid $5.5 billion to more than 213,000 claimants. Feinberg agreed in July to a Justice Department audit. The audit has yet to begin.

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Andrew Schneider

Andrew Schneider

Politics and Government Reporter

Andrew heads Houston Public Media’s coverage of national, state, and local elections. He also reports on major policy issues before the Texas delegations in the U.S. House and Senate, as well as the Texas governorship, the state legislature, and county and city governments. Before taking up his current post, Andrew...

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