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IPFS News Link • Economy - Economics USA

The Hole of Death

It is threatening to kill cities and towns who live in harmony with the Gulf — fishing towns, tourist towns, all kinds of towns. It directly threatens businesses like oyster farmers and shrimpers, and indirectly major sectors of the entire Gulf coast economy. And the oil still flows. 4% . . . 6.5% . . . 20% . . . 25% . . . 32% of the US waters in the Gulf, now closed to fishing. I wonder what the Fisheries Service map will look like in August, when BP’s relief wells will attempt to plug this hole of death from below. And while they drill, the oil still pumps relentlessly and furiously into the waters of the Gulf. It is the hole of death.

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