How the Movement of the Oil Slick Might Affect Damages

“„

My biggest concern for the country is that the slick will move to the West. If it does there are two serious issues. The first is that that is where the great majority of the producing platforms are and most of the few active drilling rigs. If the slick gets under those platforms — as you pointed out — will the MMS or Coast Guard require those platforms to be abandoned for security reasons (fire)? Some can be remotely operated, but not forever. Even if they can remain manned, there is a huge fleet of supply boats operating around the clock supplying those platforms with potable water, food, supplies, etc. Will the Coast Guard allow those supply boats to motor through the slick to make their deliveries? If the answer is no, then the platforms will have to be abandoned. About 31 percent of our domestic oil supply will be shut off. You can imagine the impact on fuel prices.

“„

LOOP is the only super port in the U.S. and is the only place where very large crude carriers can offload their oil. Will the LOOP be closed if it is surrounded by the slick? There goes another 10 percent of our nation’s oil supply. Combine that with issue #1 above, and the impact on fuel prices is scary.

“„

People come there to get in the water. For most of these communities their entire economy is based on tourism and the military. Just the prospect of the slick coming onshore is hurting bookings from Gulf Shores, Alabama to all along the western coast of Florida. The good news is that this should be a short-run problem. Sandy beaches can be cleaned up. New sand can be brought in. If this thing goes to the West — where Louisiana has no sandy, or even identifiable coast — and gets into Louisiana’s marshes, that is another more difficult cleanup altogether.