Tag Archives: Gulf Coast

Oil Spill Administrator Makes Another Coast Visit

The administrator of BP’s $20 billion oil spill claims fund returns to the Gulf Coast this week amid increasing complaints that the program is failing to compensate many in need.

Attorney Kenneth Feinberg will meet tomorrow with residents, business owners and fishermen in Bayou La Batre and Orange Beach along the Alabama coast. He heads to the Florida Panhandle on Wednesday.

Last week, Feinberg was greeted in Mississippi… Continue reading

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Oil spill cleanup crews still finding tarballs

by Associated Press – Published: January 25,2011

MISSISSIPPI GULF COAST — Mississippi is still seeing some lingering, visible effects from the 2010 BP oil spill in the Gulf of Mexico, the director of the state Department of Environmental Quality told lawmakers Jan. 24.

“We have isolated and sporadic tar balls still coming on the Mississippi shoreline,” Trudy Fisher told members of the House Conservation and Water Resources during… Continue reading

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Track Post-Spill Gulf Coast Property Values with FNC Map

Tomorrow, FNC’s interactive map of Gulf Coast property values will debut. You will be able to track property values in every zip code along the Gulf Coast since the BP oil spill occurred on April 20.

The map comes at an ideal time. Yesterday, White House appointee Kenneth Feinberg took the helm of BP as the oil spill czar to supervise the evaluation and payment of the 108,200 claims… Continue reading

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Great News! You Are Helping The St. Bernard Project Win $$ for the Gulf Coast

Some of you have been voting for Gulf Coast charities in the Pepsi Refresh Project. Organizations range from grassroots efforts (like I Can Impact, Inc.’s home for foster children in Texas and Sharing & Caring Inc.’s Florida panhandle food pantry) to the epic (Children’s Volunteer Health Network providing free medical treatment for uninsured Florida kids and volunteers supplying food, school supplies and building materials to needy Gulf residents)… Continue reading

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Louisiana wants $173M from BP for Seafood Safety

Louisiana Gulf Coast restaurateurs, fishermen and homeowners have lobbied Gov. Bobby Jindal to make sure any oil spill cleanup includes the oysters, shrimp, crab and fish that draw visitors to the region. Jindal announced at a press conference yesterday that BP agreed to pay $13 million for state wildlife and fisheries officials to monitor the oil spill’s possible effect on seafood.

He wants BP to set up a $173… Continue reading

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Florida Gulf Coast Property Values Dip But Not Due to Oil Spill

It’s good news, so-so news for Florida after the oil spill. Pres. Barack Obama swam in the sapphire blue waters off Panama City with his daughter, hoping the picture perfect scene would reassure tourists. The Pensacola News Journal reports that property values in the Gulf Coast county have dipped, but not due the spill.

Appraisers crunched their numbers before the April 20 BP oil spill began. Escambia County’s total… Continue reading

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Free Health Care for Gulf Residents This Month

In New Orleans on Aug. 31 and Sept. 1, armies of extraordinary volunteer doctors, nurses, dentists, radiologists, opthalmologists and lab technicians will offer free exams and medical care to uninsured Americans. Just go to the Ernest N. Morial Convention Center at 900 Convention Center Blvd in New Orleans. Walk-in patients are seen on a first come, first served basis.

Patient hours are from 11 a.m. – 7 p.m. on… Continue reading

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Oil Spills onto Louisiana Property Values and Sales

The entire nation continues to watch Louisiana, the Pelican State, as it deals with the disaster off the gulf coast.

While many discuss the impact to the gulf coast, no one will be able to effectively predict the true impact on Louisiana housing prices or the housing market for quite some time.

Part of evaluating impact would be to evaluate the housing market prior to the gulf oil crisis. If… Continue reading

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Claims Czar Lays Out Some Ground Rules for Homeowners (& Appraisers)

As everyone who lives and works on the Gulf Coast probably knows, Kenneth Feinberg is the man the White House appointed to oversee claims paid by BP from its $20 billion escrow fund for oil spill damages. On Friday, he told a standing room only crowd in Destin, Florida, that the eligibility of claims for loss in property values would be far more difficult to decide, far more subjective than… Continue reading

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Who Deserves the Most $$ in Oil Damages?

Floridian Jeff Shows of Sherrill Appraisal forwarded this story to us. Gov. Charles Crist is arguing that Florida deserves more money for BP oil damage because Florida is the one Gulf Coast state to forbid offshore drilling. The other states allowed oil rigs to drill despite the risk. Now, oil from a Louisiana rig has severely damaged Florida’s top industry, tourism. According to the Associated Press, some companies had leases… Continue reading

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