How did the BP oil spill impact your economy?

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1195179

2026-05-03 07:30

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The BP oil spill had an impact on the economy of the Gulf states, with the largest impact on Louisianna. Due to the prohibition to fishing, the fishing industry,primarily shrimpers suffered. See link on the financial estimates.

Also, tourism declined in the area due to closing beaches or concern that the beaches would be closed and seafood unsafe to eat.

Finally, the prohibition of exploratory deepwater drilling following the spill, means that many rig workers will lose their jobs. This is more a consequence of the US government's decision to place a moratorium on new drilling than a direct result of the spill.

See related link.

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