U.S. worried about the spread of oil spill impact (International Perspective)
Newspaper in Los Angeles on May 5 (Xinhua Jiang gram tube) U.S. Gulf of Mexico crude oil spill on the local economy and even the negative impact of U.S. economic recovery has been gradually emerging, the U.S. public is more worried about its impact and further spread.
Barack Obama said in a speech on the 4th, oil spill that the U.S. economy could face a sudden, costly crisis. He said the government would explore all possible to create jobs, support the Gulf of Mexico region’s economy, but “it would be a major challenge.”
Loss big??
May lead to double dip
“Oil spill on the economy may be different effects of three levels: bad, worse and terrible”
Up to now, oil has been formed in 2000 square miles (1 square mile is equal to 2.59 square kilometers) of the contaminated area, and was rushed into a number of islands in Louisiana. A U.S. asset management company’s investment adviser David? Cotoc describes the economic impact of crude oil leak may be different effects of three levels: bad, worse and terrible.
In terrible circumstances, the parties need to take several months to close oil wells, oil pollution clean-up operation would take nearly 10 years. “Gulf of Mexico in 10 years time will be a waste sea, resulting in economic losses will be hundreds of billions of dollars.” Cotoc said, regardless of when the wells were closed, will result in a substantial increase in the federal government deficit . At the same time, around the Gulf of Mexico related to business taxes will be reduced. “Because of this tragic incident, the second dip, the economy has further increased the possibility.”
Missouri state media reported that the spill has already affected the local economy, seafood and imported food prices have been rising gasoline prices could result. If the oil polluted the Mississippi spread to the busy shipping port, the effects will be disastrous.
Currently, this piece of contaminated areas from the estuary is only 15? 20 miles (1 mile is equivalent to 1.6 km). In order to prevent pollution of the Mississippi were from the Gulf of Mexico to the vessel will be required to enter Hong Kong before cleaning up the oil, and therefore the time cost of delay will eventually be passed on to consumers.
How much compensation??
Both sides have begun wrestling
“BP’s compensation limit will be increased to 10 billion U.S. dollars, but they refused to comment”
The Associated Press recently reported that the White House is trying to force the British oil company to take on more losses. White House spokesman Gibbs said the government and the Congress will amend a law that abolished the British oil companies compensate the loss of local economic ceiling of 75 million U.S. dollars. According to the U.S. government “Oil Pollution Act of 1990,” BP to bear all the costs of cleaning up the oil. Democratic Senator Nan Desi door under a proposal drafted by BP’s compensation limit will be increased to 10 billion U.S. dollars. Gibbs said the White House to support the proposal.
However, BP declined to comment, only a statement is willing to spill caused “reasonable and objective identifiable losses” to provide compensation. In addition, BP will also be required to Oil Spill Liability Trust Fund to provide 10 billion U.S. dollars, for the government, enterprises and individual compensation.
According to reports, British Petroleum has committed to the Gulf Coast of the United States, four states provide 1 billion dollars, for the spread of oil spill emergency response. Mississippi officials have said: “This is the British oil company, is a major step forward. The funds in terms of the role of local governments on coastal huge. Because in many places still in Hurricane Katrina and global under the influence of the recession. “
Heavy pollution??
The final outcome unpredictable
“The sea turtles lay eggs on the impact of being fatal, while the National Park of dolphins, sharks, waders and crocodiles will be affected”
“New York Times” has an article that Obama will spill as a “potential unprecedented environmental disaster.” Experts point out that pollution may lead to the Gulf Coast 1,000 miles-long destruction of wetlands and beaches, fishing, damaged, fragile species. One expert said the Bureau of the system is only 9 in the first inning baseball game, the final outcome unpredictable.
“South Florida Sun” the report also pointed out that in southern Florida will suffer the most severe environmental damage.
Duke University marine biologist Larry? Crowder said, a major oil spill would destroy the entire ecosystem and the establishment of their economic activities on. “Now this time is particularly sensitive, because many animals are preparing to spawn. In the Gulf of Mexico bluefin tuna is a large reproduction, their eggs and young fish floating in the sea; seabirds are nesting. As for the spawning sea turtles, the beach was destroyed, its effect is lethal. “
Today, the most critical issue is oil will not be involved in the Gulf of Mexico sets of streams (a kind of ocean currents). University of South Florida oceanographer Weisiboge that this is a matter of time. “Once inside the cover flow, and oil into the Straits of Florida just a week or so, another week, Miami Beach will see the oil.” Flow of oil into the set of pollution of sea turtles will be the first national park, the local coral reef death, then Everglades National Park the dolphins, sharks, waders and crocodiles will be affected.
Challenges not only the economy and the environment (Comments)
Wen Xian
Gulf of Mexico oil spill is not only great economic losses, and the United States President Barack Obama called “potential unprecedented environmental disaster.” In fact, this event has become the Obama administration and logistics management crisis a serious challenge, a slight slip may become a potential political disaster.
Obama entered the second year of the ruling government is facing a decline in public expectations, distrust increased, the situation of increasing complaints, coupled with mid-term elections to be held this year, all emergencies will be automatically translated into political problems, forcing Obama Government treading on thin ice.
Gulf of Mexico oil spill also make Barack Obama had just announced the decision to ban oil drilling along the coast have been seriously questioned. Event, if handled properly, the resulting economic loss, environmental damage, increased unemployment and other negative impacts will be like the sword of Damocles hanging over the United States are generally long-term head of government.
In this regard, well aware of the Obama administration. In addition to the government high officials to visit the Gulf of Mexico sent a series of arrangements for disaster relief matters, its high profile to the disaster area himself, and using various media to refute the “Government moves slowly,” “poor relief” such criticisms do everything possible to avoid this disaster to become Obama Government’s “Hurricane Katrina.” However, actions speak louder than words. Obama Can this incident into a political opportunity for extra points, the facts needed to answer.

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