Restoring the economy
Our Gulf Coast economic recovery efforts have focused on paying all legitimate claims and supporting two of the region’s most vital industries – tourism and seafood
Like the rest of the US, the Gulf Coast has experienced slow economic growth over the past decade. The Deepwater Horizon accident in 2010 came amidst this economic strain, to a region that had already been impacted by recent recessions and the costs of rebuilding after multiple hurricanes. In 2012, the Gulf Coast region experienced another hurricane as portions of Louisiana and Mississippi were impacted by Hurricane Isaac.
We are supporting the economy recovery of the region through a variety of programmes.
View information on how BP is resolving legitimate claims in Gulf Coast communities stemming from the Deepwater Horizon accident.
The information on this page forms part of the information reviewed and reported on by Ernst & Young as part of BP's 2012 sustainability reporting.