Deepwater Horizon Oil Spill Trust Deepwater Horizon Oil Spill Trust The "Deepwater Horizon" Oil Spill Trust is the $20 billion trust fund established by BP to settle claims arising from the "Deepwater Horizon" oil spill. The fund was established to be used for natural resource damages, state and local response costs and individual compensation. It was established as Gulf Coast Claims Facility (GCCF), announced on 16 June 2010 after meeting of BP executives with U.S. President Barack Obama. In June 2012, the settlement of claims through the GCCF was replaced by the court supervised settlement program. After the "Deepwater Horizon" oil spill started, BP promised
Volume and extent of the Deepwater Horizon oil spill over areas of the gulf to document the scope of the disaster. Meanwhile, Phil Radford documented BP's methods of escaping liability and keeping people hired to clean the oil spill out of areas affected by the oil spill. These accusations were leveled at BP, its contractors, local law enforcement, USCG, and other government officials. Scientists also complained about prevention of access to information controlled by BP and government sources. BP stated that its policy was to allow the media and other parties as much access as possible. On 30 June 2010, the USCG put new restrictions in place across the