Alabama's Gulf Spill Post-Mortem: Up To $3.3 Billion And 49,000 Jobs Were Destroyed

The Business Insider ^ | 11-6-2010 | Gus Lubin

[blam]

Alabama's Gulf Spill Post-Mortem: Up To $3.3 Billion And 49,000 Jobs Were Destroyed

Gus Lubin
Nov. 6, 2010, 8:19 AM

A study out from the University of Alabama gives the first real look at economic impact of the BP oil spill.

The score card: $1 billion to $3.3 billion for Alabama alone.

Perhaps we can quadruple that number to account for Louisiana, Mississippi and Florida, in which case the worst case would be over $13 billion -- pretty close to David Kotok's estimate back in May

Here's the data:

[snip]

[blam]

Alabama has the same GDP as Iran but has five times less people.

There are more people in metropolitan Houston, Texas than the whole state of Alabama.

Texas is the only state to have more citizens serve in Iraq than Alabama.

Alabama is the #1 college football team in the nation.

Roll Tide.

[Lakeshark]

I'm sure Alabama has a lot of good things, but it no longer has the # 1 team in the nation. The poll you are reading is a month old.......

:-)

[newheart]

I capped the well, eliminated 49,000 jobs and managed to burn more than 3 billion dollars. Is this a great country or what?

[Blood of Tyrants]

How many were jobs lost because of Obastard’s illegal moratorium on drilling in the Gulf of Mexico?

[logitech]

I have to call BS on this article. Although I can believe the amount of claim $, there’s no way 49000 jobs were lost. The shrimpers made more money this year than usual and they didn’t have to work. I know people that recieved money because of the spill and their businesses were not affected. Whole lotta greed goin on. Roll Tide!