BP To Compensate Idle Rig Workers
The Hill reports today that BP has established a $100 million fund to compensate rig workers who are out of a job because of the oil spill and the resulting
Jul 31, 2020112.2K Shares3.2M Views
The Hill reports todaythat BP has established a $100 million fund to compensate rig workers who are out of a job because of the oil spill and the resulting Obama administration moratorium on deepwater drilling.
Gulf coast officials and others have arguedthat the moratorium has cost thousands of jobs in the region. This Rig Workers Assistance Fund is meant to address those losses.
According to The Hill, BP said the fund “fulfills the commitment BP announced on June 16 to provide $100 million in assistance as a gesture of good will for the people of the Gulf Coast region.” BP’s suggestion that the fund is a “gesture of good will” belies the fact that the moratorium wouldn’t be in place if the oil spill didn’t happen.
Dexter Cooke
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Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide.
He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina.
Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations.
As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all.
Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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