Recently, the GCCF released a statement regarding a proposed methodology that would be used to calculate final payments due to the BP Oil Spill on the Gulf Coast. They have also started a public forum on their website to let Gulf Coast residents voice their opinions on the proposed methodology.
These public responses over the past week have been a good indicator of the overall mood and state of the Bp Oil Spill victims. According to the majority of the responses, Gulf Coast residents are fed up with the whole process. The GCCF, which is administered by Ken Feinberg, released a proposed methodology that has been picked apart by Gulf Coast business owners and individuals alike.
The biggest problem according to many of the responses to the proposed methodology for final payment calculation is that it does not take into consideration the many different circumstances that differ from business to business, and person to person. From reading the forum, many people feel that the proposed methodology will not nearly compensate them for past and future losses due to the BP Oil Spill.
Some Gulf Coast residents are questioning the motives of this public forum and whether or not it is just a stall tactic by the Gulf Coast Claims Facility. Reading these posts, it seems clear that there is a growing desperation among many affected by the Oil Spill.