Assessing the Economic Impact of the Deepwater Horizon Oil Spill on Selected IndustriesThe Economics subteam is assessing the economic impacts of the Deepwater Horizon oil spill on Gulf Coastal communities, particularly effects on fishing, seafood processing, and tourism industries. Using publicly available, routinely collected data on landings, revenues, and fishing effort for select fish species, researchers are examining overall impact of the DWH oil spill as well as changes that occurred over time.
Selected Findings: What Were the Direct Impacts of the 2010 Deepwater Horizon (DWH) Oil Spill on the Commercial Blue Crab Fishery?
- We compared changes in Gulf landings following the spill to changes in Atlantic landings, and found that the spill resulted in a 75-85% decrease in landings in the months immediately following the spill, followed by a relatively swift recovery. While there is some evidence of potential longer-term impacts, we cannot estimate these effects precisely. Because of the potential for substitution between Gulf and Atlantic crab, these results represent an upper bound on the true impact.
- We also compared landings in Louisiana crabbing basins that were more versus less affected by the spill, and found a 50% drop in crabbing trips in basins that were more affected following the spill, but little impact on landings, likely because the spill and the resulting closures changed the relationship between effort (trips) and landings.
- Overall, our findings suggest that the Deepwater spill did result in substantial, short-term losses to the blue crab fishery, but that the fishery also exhibited a high degree of resilience and recovered quickly as soon as the closures were ended.
Louisiana commercial blue crab landings and crabbing tripsAnnual commercial blue crab landings and crabbing trips in Louisiana basins defined as treatment and control, as discussed in the text. Authors’ calculations based on data provided by the Louisiana Department of Wildlife and Fisheries. The vertical line in each figure indicates the Deepwater Horizon spill in April 2010.
Melissa Finucane, Andrew Parker, Vanessa Parks, and Rajeev Ramchand presented an overview of the Consortium for Resilient Gulf Communities (CRGC) at the annual meeting of the Society for Risk Analysis in New Orleans last month. Read more »
Recent news suggests that the Deepwater Horizon oil spill will soon be eclipsed by the millions of barrels of oil leaking from the Taylor Energy platform since 2004. The Coast Guard this week ordered Taylor to contain the mess, or face massive fines. But cleanup alone may not fully mitigate the damage and effects may linger, as they did after the Deepwater Horizon spill, writes CRGC director Melissa Finucane. Read more »
CRGC Researchers Present Findings on Exposure to Disasters in the Gulf States and Long-Term Mental and Behavioral Health Outcomes
The Natural Hazards Center, in partnership with the International Research Committee on Disasters (IRCD), and with funding from the National Science Foundation, convened its 2018 Researchers Meeting in Broomfield, Colorado on July 11 and July 12, 2018, which focused on improving rapid reconnaissance research and featured sessions designed to identify pressing research needs, better coordinate researchers and research teams, and improve data collection, sharing, and archiving. This year’s meeting, designed to convene researchers across disciplines, who recently received National Science Foundation RAPID grants, as well as those who have ongoing hazards and disaster related research projects, featured the Consortium for Resilient Gulf Communities’ (CRGC) recent findings related to exposure to disasters in the Gulf States and long-term mental and behavioral health outcomes. Read more »
At this year’s Gulf of Mexico Oil Spill & Ecosystem Science Conference, The Gulf of Mexico Research Initiative (GoMRI) interviewed Dr. Melissa Finucane– Senior Social and Behavioral Scientist at the RAND Corporation and Director of The Consortium for Resilient Gulf Communities- about CRGC’s latest research findings and progress assessing and addressing the impacts of the 2010 Deepwater Horizon oil spill on the health, social, and economic wellbeing of people in the Gulf Coast region. Finucane speaks to CRGC’s research, outreach, and education initiatives, which are aimed at helping communities across the Gulf Coast to more effectively understand, withstand, and overcome the multiple stressors brought on by such disasters. Learn more>>
Accessibility to transparent, up to date data has proven to play a critical role in both individual- and community-level capacity to prepare for, respond to, and recover from disaster events, such as a hurricanes— Something that was especially evident following Hurricane Katrina. Denice W. Ross, a Public Interest Technology Fellow at New America and a co-founder of the Obama administration’s Police Data Initiative, spent more than a decade in New Orleans building community capacity to use government data and is continuing to broaden her work in the “open data” space by aggregating high-value data sets that can aid communities impacted by disaster. Learn more>>
Interested in Updates on CRGC’s Work to Help Gulf Coastal Communities Improve Resilience to Future Catastrophic Oil Spills?
Check out the RAND Gulf States Policy Institute’s Summer Newsletter featuring a Q&A with Elizabeth Thornton, who heads up outreach efforts for the Consortium! You’ll hear the latest on how CRGC’s research, outreach, and education activities are helping communities across the Gulf Coast to more effectively understand, withstand, and overcome the multiple stressors brought on by such disasters as the 2010 Deepwater Horizon oil spill. Learn more »
CRGC researchers working on assessing and addressing the economic impacts of the oil spill developed a new resource to assist business owners and employers, researchers, community members, and other stakeholders in locating information on the fisheries and tourism sectors, and on oil spill claims, from a wide variety of potential sources. Check out the Database and User Guide on CRGC’s new Resources page!
CRGC is pleased to announce the launch of its new and improved Resources page, now live on the Consortium’s website. CRGC offers an exciting range of resources tailored for academics, community leaders, fishing/seafood industry stakeholders, healthcare providers, and policymakers that span across an array topic areas.
Local Shipbuilders from Alabama and Louisiana Supply Passenger Vessels for NYC’s New Citywide Ferry Service
The H200, a catamaran passenger vessel built by Horizon Shipbuilding based out of Bayou La Batre, Alabama, began its 1,700-mile voyage to New York City on March 21. The vessel is the first of 13 catamaran passenger vessels Horizon is building for the Big Apple’s new citywide ferry service. By 2018, Horizon, along with Metal Shark – a Louisiana based shipbuilder that recently saw two of its ferries off to NYC – will have built 19 ferries for NYC’s new fleet. Learn more »
Check out the latest edition of GoMRI’s eNews, which keeps researchers, students, community members, and other stakeholders working in the field current on emerging Gulf science and the people investigating the effects of oil spills on the environment and public health. This edition of eNews features, CRGC’s Student Spotlight of Nicholas Thomas, in the Project Activities section! Learn more »