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Deepwater Horizon settlement money to be used for new coastal land purchase

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Using money from a settlement tied to a decade-old oil rig disaster, the Texas Parks and Wildlife Commission has approved purchasing 1,100 acres on Matagorda Peninsula as part of a wider nature preservation effort along the Gulf of Mexico.The acquisition will be the latest in a series of restoration efforts along the gulf in the wake of the 2010 explosion at the offshore Deepwater Horizon that left 11 people dead and caused as many as 3.2 million barrels of crude to spill into the gulf.Texas’

Source: Deepwater Horizon settlement money to be used for new coastal land purchase

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