Who’s Set To Profit From The BP Oil Spill? The Gulf Coast ‘Spillionaires’ (PHOTOS)

In 1989, when the Exxon Valdez tanker spewed 11 million gallons of oil onto the Alaskan coastline, the state was deep in the throes of a recession. To repair the damage, Exxon paid hundreds of millions to a plethora of local businesses, which locals soon started calling the “spillionaires

 Thereafter, Alaska went on to enjoy 21 straight years of growth, and the state’s economic recovery became a small consolation after the spill.

So who will be the “spillionaires” of the BP oil spill?

Advertisements