Clumps of oil washed up on Pensacola Beach yesterday, as the state braced for damage to its tourism and fishing industries from the BP Plc oil spill in the Gulf of Mexico.
A sheen of oil off of Pensacola Beach, a week after tar balls from the BP Plc spill began washing ashore, may force Florida to do the unthinkable: Close beaches.
BP Plc should hand over the effort to clean up its oil washing onto Florida beaches because the company is failing to take forceful enough action, local government officials said.
The Obama administration’s defense of its health-care reform shifts to Florida today, three days after a judge in Virginia ruled part of the new law unconstitutional.
Gulf of Mexico coastal homes may lose as much as $56,000 each in value as buyers shun areas marred by the worst oil spill in U.S. history, according to CoreLogic Inc.
Just as Gulf Coast banks were beginning to rebound from hundreds of millions of dollars of losses on real estate, a wave of toxic goo approaching the Florida Panhandle may smother some of their progress.