Messed Up Things That Happened After The Deepwater Horizon Oil Spill

Between the criminal and civil suits, fines, clean-up efforts, and continuing private claims against the company, British Petroleum has expended only $71 billion dollars, according to nola.com,over 10 years since the Deepwater Horizon disaster.Once again, without the benefit of a greater context, these numbers might look significant, perhaps even fair. However, when looking at the

Between the criminal and civil suits, fines, clean-up efforts, and continuing private claims against the company, British Petroleum has expended only $71 billion dollars, according to nola.com, over 10 years since the Deepwater Horizon disaster. Once again, without the benefit of a greater context, these numbers might look significant, perhaps even fair. However, when looking at the total effects of the disaster on communities, jobs, and the environment, what British Petroleum anted up is really just a drop in the bucket. Going back to the revenue figures from Macrotrends, when those 10 years of revenue are added up, $71 billion dollars amounts to only 2% of their total revenue during those 10 years combined. 

It is nearly impossible to estimate the long-term effects of a disaster like the Deepwater Horizon on the Gulf of Mexico, surrounding coastal towns and states, and the loss of wildlife, jobs, and the lives of the crew members — much less a price tag. "For many wildlife in the Gulf, the decade-old Deepwater Horizon oil spill is not over," said David Muth, director of the National Wildlife Federation's Gulf of Mexico Restoration Program. "We will probably never understand the full extent of the damage."

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