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BP gives Second Block Grant of $25 Million to MS AL FLA except La!

Posted on 6/11/10 at 9:25 pm
Posted by MoreOrLes
Member since Nov 2008
19472 posts
Posted on 6/11/10 at 9:25 pm
LINK


By my count thats LA 15mil
everybody else 50mil

Is that correct?



WTF :banghead: :banghead:
This post was edited on 6/11/10 at 9:29 pm
Posted by C
Houston
Member since Dec 2007
28031 posts
Posted on 6/11/10 at 9:28 pm to
I thought they gave LA $60Million?
Posted by MoreOrLes
Member since Nov 2008
19472 posts
Posted on 6/11/10 at 9:29 pm to
Maybe they did I thought it was 15 to La in the block grant.



Posted by genuineLSUtiger
Nashville
Member since Sep 2005
75898 posts
Posted on 6/11/10 at 9:31 pm to
One of their VP's said more shareholders reside in those 3 states than they do in Louisiana. That may have something to do with it. They don't want those people dumping stock.
Posted by DaphneTigah
Flying under the radar.
Member since Dec 2007
4993 posts
Posted on 6/11/10 at 9:31 pm to
I'm assuming that most of those funds are going straight to financing all of the skimmers and crews deploying booms, vessels of opportunity,etc. I believe Louisiana is getting a very signifiant amount of money that will far exceed $25M. Obviously Louisiana is the hardest hit and should get the most money at this point in the game.
Posted by MoreOrLes
Member since Nov 2008
19472 posts
Posted on 6/11/10 at 9:32 pm to
Thats correct 60 million for the berms so I guess no second block grant is not so bad.


La 75 mil

Errybody else 50.

Still not sure if those ratios are correct.


Sorry I pushed the panic button!
This post was edited on 6/11/10 at 9:34 pm
Posted by Mudminnow
Houston, TX
Member since Aug 2004
34166 posts
Posted on 6/12/10 at 8:16 am to
I was under the assumption the block grants were for image quality and tourism for the state

The berms cost 356M and BP gave Louisiana a check for 60M to get started.

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