Coast Guard officials were investigating reports early Friday morning that oil from a massive spill in the Gulf of Mexico had washed ashore overnight, threatening fisheries and wildlife in fragile marshes and islands along the Gulf Coast.
Yesterday they reported that
the offshore drilling accident that is spewing thousands of barrels of oil a day into the Gulf of Mexico could cost the company several hundred million dollars.There are many reasons to reduce our reliance on oil. This is but one of them. Make every Friday a "Fuel-Free Friday."
Nobody really knows whether the London-based oil giant is being too conservative about the cost for the April 20 accident, which some experts say could end up as the biggest oil spill in history. The 1989 grounding of the Exxon Valdez off Alaska, for example, cost Exxon Mobil more than $4.3 billion, including compensatory payments, cleanup costs, settlements and fines.
It's the patriotic thing to do.