Health consequences of the Deepwater Horizon oil spill Health consequences of the Deepwater Horizon oil spill The Health consequences of the "Deepwater Horizon" oil spill are health effects related to the explosion of the "Deepwater Horizon" offshore drilling rig in the Gulf of Mexico on April 20, 2010. An oil discharge continued for 84 days, resulting in the largest oil spill in the history of the petroleum industry, estimated at approximately 206 million gallons (4.9 million barrels). The spill exposed thousands of area residents and cleanup workers to risks associated with oil fumes, particulate matter from controlled burns, volatile organic compounds (VOCs), polycylic aromatic hydrocarbons (PAHs), and heavy
Deepwater Horizon oil spill pension fund managers (who have large holdings of BP shares and rely upon its dividends) accepted that while BP had to pay compensation for the spill and the environmental damage, they argued that the cost to the company's market value from President Obama's criticism was far outweighing the direct clean-up costs. Initially, BP downplayed the incident; its CEO Tony Hayward called the amount of oil and dispersant "relatively tiny" in comparison with the "very big ocean." Later, he drew an outpouring of criticism when he said that the spill was a disruption to Gulf Coast residents and himself adding, "You