The shrimpers from the Gulf Coast finally got word that the BP Oil Company will compensate them for their major loss in the industry by paying four times the amount of their loss. The claims that many had put in for their loss were being ignored then BP had decided to pay them twice the amount that was lost. Today with the report that they are going to get four times the amount, many of the shrimpers feel better about their ability to return to work for the new season in 2012.

The loss of white shrimp in 2011 season was a disastrous for those who are in the industry. It is a disaster for the public who enjoys eating the delicious shrimp that comes from the Gulf Coast. It seems that this loss will extend for a long term, which means that the 2012 season may not happen. That is the reason for the payoff being four times the amount. BP is trying to cover at least four years of perspective losses.

The people who are in the industry are still hurting without the ability to take their shrimp boats out into the water. Customers will be lost because many people who buy the shrimp for their business will need to find other resources to fill the quota. This is not a solution to the shrimper’s problems but it will help them financially. Those who love shrimp for the holidays may have a problem when it comes to getting fresh shrimp from the Gulf Coast area.