The 2010 BP oil spill caused damages worth $17.2 billion to the natural resources in the Gulf of Mexico, according to a new study released on the seventh anniversary of the largest oil spill in US history.
This is the first comprehensive appraisal of the financial value of the natural resources damaged by the 134- million-gallon Deepwater Horizon oil spill disaster on April 20, 2010 that killed 11 people.
“This is proof that our natural resources have an immense monetary value to citizens of the US who visit the Gulf and to those who simply care that this valuable resource is not damaged,” said Kevin Boyle, professor in the Virginia Tech College of Agriculture and Life Science in the US. Read More…
Credit By : ET Energy World
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