Coast economy still recovering six years after BP oil spill

Coast economy still recovering six years after BP oil spill
Boat dealers suffered, as well as hotels and other tourist attractions. (Photo source: WLOX)
Boat dealers suffered, as well as hotels and other tourist attractions. (Photo source: WLOX)
The BP operated rig eventually dumped more than 200 million gallons of oil into the Gulf of Mexico, causing untold environmental damage. (Photo source: WLOX)
The BP operated rig eventually dumped more than 200 million gallons of oil into the Gulf of Mexico, causing untold environmental damage. (Photo source: WLOX)

SOUTH MISSISSIPPI (WLOX) - Six years ago today, the Deepwater Horizon oil rig exploded in the Gulf of Mexico. The blast claimed the lives of 11 men.

The BP operated rig eventually dumped more than 200 million gallons of oil into the Gulf of Mexico, causing untold environmental damage.

The economic damage was untold as well. Thousands of businesses and individuals suffered monetary losses that had never been seen before, even in times of recession. Boat dealers suffered, as well as hotels and other tourist attractions.

At the height of the spill, more than two thirds of the Gulf of Mexico was closed to commercial fishing. Fishermen lost their livelihoods and sometimes even their boats.

To date, BP has paid close to $10 billion in damages for economic losses. In addition, the oil giant has settled a claim with the federal government for $20 billion.  That money will be used to restore the environment.

As for the damage, the operator of the Biloxi tour train perhaps summed it up best. She said the world ended when Katrina struck, and then ended again five years later with the oil spill.

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