Deepwater Horizon oil spill Deepwater Horizon oil spill The "Deepwater Horizon" oil spill (also referred to as the BP oil spill/leak, the BP oil disaster, the Gulf of Mexico oil spill, and the Macondo blowout) is an industrial disaster that began on 20 April 2010, in the Gulf of Mexico on the BP-operated Macondo Prospect, considered to be the largest marine oil spill in the history of the petroleum industry and estimated to be 8% to 31% larger in volume than the previous largest, the Ixtoc I oil spill. The U.S. government estimated the total discharge at . After several failed efforts to contain
Deepwater Horizon oil spill 318,000 Louisiana residents (17% of all jobs in the state). NOAA had closed , or approximately 36% of Federal waters in the Gulf of Mexico, for commercial fishing causing $2.5 billion cost for the fishing industry. The U.S. Travel Association estimated that the economic impact of the oil spill on tourism across the Gulf Coast over a three-year period could exceed approximately $23 billion, in a region that supports over 400,000 travel industry jobs generating $34 billion in revenue annually. On 30 April 2010, President Barack Obama ordered the federal government to hold the issuing of new offshore drilling leases