Deepwater Horizon oil spill response with numerous residents and tourists of the Gulf who have experienced symptoms like rashes and "peeling palms" after contact with the water in the Gulf. On 15 April 2014, BP claimed that cleanup along the coast was substantially complete, but the United States Coast Guard responded that a lot of work remained. Deepwater Horizon oil spill response The Deepwater Horizon oil spill occurred between April 10 and September 19, 2010 in the Gulf of Mexico. A variety of techniques were used to address fundamental strategies for addressing the spilled oil, which were: to contain oil on the surface, dispersal, and
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