Oil spill volume is a limited measure of damage or impact. Smaller spills have already proven to have a great impact on ecosystems, such as the "Exxon Valdez" oil spill because of the remoteness of the site or the difficulty of an emergency environmental response. Since 2004, between 300 and 700 barrels of oil per day have been leaking from the site of an oil-production platform 12 miles off the Louisiana coast which sank in the aftermath of Hurricane Ivan. The oil spill, which officials estimate could continue throughout the 21st century, will eventually overtake the 2010 BP Deepwater Horizion disaster as
Prudhoe Bay oil spill Bay oil field, which would reduce Alaska North Slope oil production by an estimated 400,000 barrels per day. Later BP decided not to shut the western side of the field, meaning Prudhoe Bay would still produce about 200,000 barrels a day, half its normal total. Oil revenue accounts for 90% of Alaska's tax income. As a result of news of the shutdown, the price of crude oil on NYMEX jumped US$2.22 a barrel closing at US$76.98 per barrel. Following the Prudhoe Bay pipeline leak in March 2006, due to slow progress in stopping the oil spill, BP was forced to