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2010 Gulf of Mexico Oil Spill

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2010 Gulf of Mexico Oil Spill
| 2010 Gulf Of Mexico Oil Spill | | | Teia Gill | Com 150June 20, 2010Cheryl Brisbane |

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There is a tremendous amount of controversy in the news today about the recent Gulf of Mexico Oil Spill. On April 20th 2010 a catastrophic explosion aboard an oil rig in the Gulf of Mexico injured 17 people and left 11 people missing, which were later pronounced dead. There were a total of 126 people on board the working vessel that day. The remaining 98 people were taken ashore with no major injuries, according to a local coastguard. The Gulf oil spill has been declared the biggest in United States history as of May 2010. We have learned from passed oil spills, such as the 1989 Exxon Valdez oil spill, that many things will be affected by this catastrophe. Things such as, the cost of gas along with unemployment rates will soar in the upcoming months, not to mention how extremely damaging to the environment all this oil can become.
People fear that the price at the pump will soon go up this summer season because of the upcoming holidays and the recent Gulf of Mexico oil spill. However, according to the recent national average price of regular unleaded gasoline is selling for eight cents less than a week ago and 12 cents down from a month ago; all in accordance with May 28th 2010 (CNN2010). It is amazing after the oil spill the price of went down $15; costing only $74 per barrel. As long as the oil price-drop stands, consumers will continue to see a drop in gasoline prices. In 1989, an oil spill known as the Exxon Valdez, leaked 11 million gallons of oil into the Alaska’s Prince William Sound.(Home to most Alaska native villages of Chenega and Tatitlek) This particular oil spill, up until recently, was classified as the



References: Achenbach, J. (2010, May 5). After gulf oil spill []. Message posted to http://www.washingtonpost.com/wp-dyn/content/article/2010/05/04/AR2010050402980.html?wprss=rss_nation/science An Economy on Pause in the Gulf. New York Times, p. 7. Retrieved from Academic Search Complete database. (2010, May 16).

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