Assignment: Gulf Oil Spill Case Study
Resource: University of Phoenix Library
Write 700 to Nine Hundred-word analysis of the British Petroleum Oil Spill in the Gulf of Mexico. Include the following in your paper:
1. Describe the main events of the incident and the principle parties involved in a timeline.
2. Describe the laws enforced at the time.
3. List the ecological risks of the affected area at the time of the spill.
4. Forecast what may be required of the oil industry relative to future risk assessments.
5. How can economic value be allocated in this scenario?