Timeline of the Deepwater Horizon oil spill Timeline of the Deepwater Horizon oil spill The following is a timeline of the "Deepwater Horizon" oil spill (also referred to as the BP oil spill, the Gulf of Mexico oil spill or the Macondo blowout). It was a massive oil spill in the Gulf of Mexico, the largest offshore spill in U.S. history. It was a result of the well blowout that began with the "Deepwater Horizon" drilling rig explosion on April 20, 2010. BP reports a leak a day. DeepWaterHorizonResponse.com domain registered for one year by PIER Systems in Bellingham, Washington to be used by the United States
Economic effects of the Deepwater Horizon oil spill approximately $23 billion, in a region that supports over 400,000 travel industry jobs generating $34 billion in revenue annually. On 1 November, BP announced plans to spend $78 million to help Louisiana tourism and test and advertise seafood. The real estate prices and a number of transactions in the Gulf of Mexico area decreased significantly during the period of the oil spill. As a result, area officials wanted the state legislature to allow property tax to be paid based on current market value, which according to Florida State Rep. Dave Murzin could mean millions of dollars in losses for each