Blog Tags: Economic Impacts Of Oil Disaster
From yesterday's Washington Post:
"This economy survives off of seafood and the oil rigs," said Dusty Goforth, 57, of Slidell, La. …"Right now, they've got all of that shut down. It's destroyed the economy down here."
"We go through hurricanes every year. At least a hurricane might wipe out a few things, but at least you can rebuild it. This is gonna be there forever, for years to come." said Louisiana resident Aaron Terrebonne.
From yesterday's New York Times:
"It’s not just fishermen,” said Captain Pete [Lacombe, dive master in the Florida Keys], who is 45. “It’s dive boat operators, instructors, mates, the guys who fill up our tanks. This [oil spill] could be potentially devastating for all of us.”
The gulf oil spill is proving to be not just an ecological disaster, but an economic one, too.
On Sunday the federal government closed commercial and recreational fishing from Louisiana to parts of the Florida Panhandle, and oil continues to gush unabated from the Deepwater Horizon rig.
The fishing ban extends between Louisiana state waters at the mouth of the Mississippi River to waters off Florida's Pensacola Bay.
That’s a significant blow to the economy of the region. The Gulf Coast is home to the second largest seafood industry in the country after Alaska.
The annual commercial seafood harvest in the gulf adds up to $661 million, and recreational fishing contributes $757 million and nearly 8,000 jobs, according to the Harte Research Institute for Gulf of Mexico Studies. The group estimates that $1.6 billion in annual economic activity is tied to the wetlands directly exposed to the spill.
So now fishermen are doing the only thing they can -- gritting their teeth and helping to clean up the oil that is putting their livelihoods at risk.
- CEO Note: Arctic Drilling Held At Bay Posted Fri, February 28, 2014
- Obama Admin Moves Forward to Open the Atlantic Ocean to Seismic Airgun Blasts & Drilling Posted Fri, February 28, 2014
- CEO Note: State Shark Fin Bans Protected Posted Wed, March 5, 2014
- Miranda Cosgrove Stars in New Oceana PSA to Save Dolphins Posted Wed, March 5, 2014
- The Economist’s Arctic Summit Convenes in London Posted Thu, March 6, 2014