Taylor oil spill a decade of lax enforcement, the United States Coast Guard issued an order requiring cleanup of the site, blockage of the leaks, or face fines of $40,000 a day. Taylor oil spill The 2004 Taylor oil spill is an ongoing spill located in the Gulf of Mexico, around off the coast of the U.S. state of Louisiana, which resulted from the destruction of a Taylor Energy oil platform during Hurricane Ivan. It was first brought to public attention when the contamination at the site was noticed in 2010 by those monitoring the nearby Deepwater Horizon oil spill. A later report
Deepwater Horizon oil spill nose. The spill had a strong economic impact to BP and also the Gulf Coast's economy sectors such as offshore drilling, fishing and tourism. Estimates of lost tourism dollars were projected to cost the Gulf coastal economy up to 22.7 billion through 2013. In addition, Louisiana reported that lost visitor spending through the end of 2010 totaled $32 million, and losses through 2013 were expected to total $153 million in this state alone. The Gulf of Mexico commercial fishing industry was estimated to have lost $247 million as a result of postspill fisheries closures. One study projects that the overall