Economic effects of the Deepwater Horizon oil spill

This article covers the effect of the Deepwater Horizon disaster and the resulting oil spill on global and national economies and the energy industry.

Weeks after the event, and while it was still in progress, the 2010 Deepwater Horizon oil spill was being discussed as a disaster with far reaching consequences sufficient to impact global economies, marketplaces and policies. It took place on 20 April 2010. These potentially included structural shifts to energy policy, insurance marketplaces and risk assessment, and potential liabilities of the order of tens of billions of US dollars for one or more large and well known companies - principally BP.