how much did the deepwater horizon oil spill cost bp
Deepwater Horizon oil spill The spill had a strong economic impact to BP [256] and also the Gulf Coast's economy sectors such as offshore drilling, fishing and tourism. Estimates of lost tourism dollars were projected to cost the Gulf coastal economy up to 22.7 billion through 2013. In addition, Louisiana reported that lost visitor spending through the end of 2010 totaled $32 million, and losses through 2013 were expected to total $153 million in this state alone.[257][258] The Gulf of Mexico commercial fishing industry was estimated to have lost $247 million as a result of postspill fisheries closures. One study projects that the overall impact of lost or degraded commercial, recreational, and mariculture fisheries in the Gulf could be $8.7 billion by 2020, with a potential loss of 22,000 jobs over the same time frame.[258][259] BP's expenditures on the spill included the cost of the spill response, containment, relief well drilling, grants to the Gulf states, claims paid, and federal costs, including fines and penalties.[260] As of March 2012, BP estimated the company's total spill-related expenses do not exceed $37.2 billion.[261] However, by some estimations penalties that BP may be required to pay have reached as high as $90Â billion.[262] In addition, in November 2012 the EPA announced that BP will be temporarily banned from seeking new contracts with the US government.[26] Due to the loss of the market value, BP had dropped from the second to the fourth largest of the four major oil companies by 2013.[263] During the crisis, BP gas stations in the United States reported a sales drop of between 10 and 40% due to backlash against the company.[264]
Deepwater Horizon (film) On August 19, 2014, casting began, with actor Mark Wahlberg added in the lead role of the film.[13] Wahlberg plays Mike Williams, a real-life electronics technician on the Deepwater Horizon oil rig. On March 18, 2015, Gina Rodriguez was set to play a woman named Andrea Fleytas, who was on the bridge on board the Deepwater Horizon at the time of the blowout, and frantically tried to contact the Coast Guard.[14] On April 10, 2015, Deadline reported that Dylan O'Brien was in talks to play Caleb Holloway.[15] Kurt Russell joined the film on the same day O'Brien was in talks.[16] Soon after, John Malkovich was confirmed cast, as a BP representative who fatally underestimates the dangers of working on the rig.[17] Kate Hudson was announced as a cast member in May, 2015, and playing the wife of Wahlberg's character; her role will be her first on-screen pairing with Russell, her stepfather, although they shared no dialogue in the film.[5][18]