It has been five years. Five years and the Deep-water Horizon oil spill is still affecting and harshly damaging the environment and economy. The Smoke and ash filled the air with a massive fiery gust starting the death toll with 11 men along with thousands of nautical creatures to follow. The impact from the massive explosion from the off shore oil rig known as the Deep-water horizon caused five million barrels of oil to be released into the Macondo well. With each barrel holding 48 gallons of crude oil. Causing 176 million gallons of thick black crude oil just poured, swallowing and smothering all life spreading through the ocean like butter on bread. BP also referred to by its former name British Petroleum, is one of the world's six "super
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This spill cost British Petroleum (BP) and, to loose $214 million dollars from there oil barrels alone. In addition to the barrels and crude oil they had to pay $18.7 billion dollars due to damage from the spill; thus creating the largest environmental settlement in U.S history according researchers an writers Daniel gilbert and Sarah Kent of the wall street journal. The economics costs from the spill are in the billions of dollars and will affect fishing charters and local businesses the hardest. Tourism being one of the highest collectors of income suffers incredibly and will continue to do …show more content…
As the swimmers, fisherman, travelers and, tourists will be dissuaded due to beach closures and clean up efforts. In addition to the decrease and loss tourism revenues so the deep-water oil spill threatens marsh- dwelling fish all the shrimp and especially the delightful blue crab. The coastline is home to some of the most recognized and accomplished oyster farms in the country. In 2012 commercial fishing was a $763 million dollar industry in the region so, according to a report from the “National Marine Fisheries Service”. Affecting the commercial fishing industry has the largest impact to the economy so, second to the price of the clean
This spill cost British Petroleum (BP) and, to loose $214 million dollars from there oil barrels alone. In addition to the barrels and crude oil they had to pay $18.7 billion dollars due to damage from the spill; thus creating the largest environmental settlement in U.S history according researchers an writers Daniel gilbert and Sarah Kent of the wall street journal. The economics costs from the spill are in the billions of dollars and will affect fishing charters and local businesses the hardest. Tourism being one of the highest collectors of income suffers incredibly and will continue to do …show more content…
As the swimmers, fisherman, travelers and, tourists will be dissuaded due to beach closures and clean up efforts. In addition to the decrease and loss tourism revenues so the deep-water oil spill threatens marsh- dwelling fish all the shrimp and especially the delightful blue crab. The coastline is home to some of the most recognized and accomplished oyster farms in the country. In 2012 commercial fishing was a $763 million dollar industry in the region so, according to a report from the “National Marine Fisheries Service”. Affecting the commercial fishing industry has the largest impact to the economy so, second to the price of the clean