Volume and extent of the Deepwater Horizon oil spill Volume and extent of the Deepwater Horizon oil spill The "Deepwater Horizon" oil spill was discovered on the afternoon of 22 April 2010 when a large oil slick began to spread at the former rig site. According to the Flow Rate Technical Group, the leak amounted to about of oil, exceeding the 1989 "Exxon Valdez" oil spill as the largest ever to originate in U.S.-controlled waters and the 1979 Ixtoc I oil spill as the largest spill in the Gulf of Mexico. BP has challenged this calculation saying that it is overestimated as it includes over of oil which was
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