BP seeing fewer than expected applicants for oil spill money
by Associated Press
Published: September 22,2010
GULF COAST — There have been far fewer applicants than expected for money from a $100-million fund BP PLC set up to help deepwater rig workers after a federal moratorium on drilling prompted by the massive oil spill.
With nine days left to apply, a spokesman for the charity running the program told The Associated Press yesterday that only 356 people have come forward. Up to 9,000 people had been expected to seek grants of $3,000 to $30,000.
The charity says it turns out that many rig workers are being kept on the job by their employers, despite the moratorium.
With so much money left over, the charity plans to offer a second round of grants — this time to workers who support deepwater rigs, such as people on supply boats.
A recent federal report claimed the moratorium has not increased unemployment in the region.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- George’s Girls put shopping skills to work
- Justice Department files complaint against tax preparer
- DMR pays accounting firm more than double contract's worth
- Following ruling, Entergy to hand over records to county
- Report: State's emergency care ranks highest in Southeast
- Boyd Gaming reports drop in in-state net revenue
- Union-restricting legislation moves forward
- Chris McDaniel gets a thank you note from Travis Childers
- Mississippi ag aviation plays a critical role in production and profitability