Tuesday, May 4, 2010

The Great Big Oil Spill

Now we have this massive oil spill off the coast of Louisiana and it does not look pretty. Although BP officials are saying that they will pay all of the cleanup costs of the spill but right now that is what they can see. But what about the hidden costs down the road. Remember the Alaska Exxon Oil spill, it has lasted more than 20 years and it is still not cleaned up environmentally.

Will the BP set up a fund to pay for the future damage to the environment and to the livelihood of the fishermen and other folks who depend on the sea for their survival and what about the costs of fishes and other seafood that millions of folks all around the United States consume every day, will BP pay for the high costs of seafood for years and decades to come. Simply cleaning up the site of the Oil spill would not do and this has to be taken into context. It is a long cleaning process that we will keep on seeing for the near future.

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