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Five years after spill, Gulf waiting for recovery money

Five years after the massive BP Deepwater Horizon oil spill, Gulf Coast communities are waiting for the billions promised to help them recover from the nation's worst environmental disaster…[T]hose funds, on hold until a federal court in New Orleans decides exactly what the company should pay. "It's disappointing that this money has not flowed yet,'' said Brian Moore, legislative director for the National Audubon Society…Sen. Bill Cassidy, R-La., said he expected a lengthy legal process but he's disappointed it has taken so long…[A] law Congress passed nearly three years ago: the RESTORE (Resources and Ecosystems Sustainability, Tourism Opportunities and Revived Economies) Act…requires states and communities most affected by the oil spill get 80 percent of the civil fine money levied under the Clean Water Act. BP could face fines as high as $13.7 billion. Gulf Coast lawmakers, local officials and environmentalists cited devastating damage to marine life, the fishing industry and regional tourism in arguing for passage of the RESTORE Act…[Also refers to Transocean]

Part of the following stories

US Deepwater Horizon explosion & oil spill lawsuits

BP Deepwater Horizon explosion & oil spill - 5 years on