Here is a portion of a news report on the effects of the oil slick on the Gulf Coast. Once again, the price is just too high.
"The Gulf Coast and its marshlands are home to hundreds of species of wildlife, including manatees, sea turtles now about to nest, dolphins, porpoises, whales, otters, pelicans and other birds. The wetlands are also a stopover for millions of migrating birds.
The Gulf is also one of the world's most fertile seafood grounds, teeming with shrimp, oysters, mussels, crabs and fish. It supports a $1.8 billion industry second only to Alaska."
"The cost to Louisiana's fishing industry could be $2.5 billion and the impact on tourism along Florida's Gulf coast could be $3 billion, estimated Neil McMahon, analyst at investment firm Bernstein."
This report originated from Louisiana and does not include the billions impacting the fishing industry and tourism in Alabama. Those will probably come close to being equal to Louisiana. Alabama is not as well known for these industries as Louisiana but they are huge here as well. The price is just too high.
Saturday, May 1, 2010
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