Stakeholders In Deepwater Horizon

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Who were the stakeholders?
The stakeholders affected by the Deepwater Horizon oil spill of 2010 goes far beyond just the company owners but any person, group, or entity that has benefited or affected by the company’s actions. Let us review some facts from the oil spill. According to DoSomething.org, there was over 20 million gallons of crude oil that was pumped into the Gulf of Mexico for 87 days. Making it the largest marine oil spill in U.S. history. It affected 16,000 miles of coastline damage including the coasts of Texas, Louisiana, Mississippi, Alabama, and Florida. The cleanup effort took over 30,000 people working to collect oil, take care of animals, and cleanup beaches. Sadly, according to Pallardy (2015), the stakeholders that were greatly affected by the Deepwater rig explosion were …show more content…
Economically, all the coastlines mentioned above were directly influenced by tourism from hotels; restaurants, fishermen, and any business that is along the coastline were affected. Without a healthy coastline, no one wanted to stay in hotels near the beach or eat at local restaurants for fear of contamination since the Gulf coast was filled with oil. Similar to Hurricane Sandy on the east coast, after it hit the Jersey shore local fishermen were unable to fish and bring in seafood to local restaurants and hotels. According to Pallardy (2015), state governments struggled to draw attention to unsoiled or newly scrubbed beaches with advertising campaigns. Media coverage of ravished areas provided a negative public perception of the beaches. Local businesses began to suffer, since less people were traveling to the beaches. Unfortunately, with less businesses operating, unemployment raises, and the loss of jobs affects property values since incomes are decreasing. Tourism is a major commodity along the coastline, without it, people livelihoods are at

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