Congressional Digest

Congressional Digest June 2010 No. 6 Vol. 89
Background on Oil Spills

The Gulf of Mexico Oil Spill

Economic and Environmental Consequences of the Deepwater Horizon Disaster

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Background on Oil Spills

Causes and Response

The Deepwater Horizon incident involves a deepwater drilling platform approximately 50 miles southeast of Venice, Louisiana. An explosion and subsequent fire damaged the rig, which capsized and sank on April 22, 2010, after burning for hours. It is unclear how much of the estimated 700,000 gallons (approximately 16,700 barrels) of No. 2 fuel onboard burned before it sank. The rig is owned by Transocean and under contract to BP. Amount of Oil When we talk about oil spills, how much oil are we talking about? Quite a lot: The United States uses about 700 million gallons of oil every day….

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