Spill Here, Spill Now, Ripples Dept. 0
BP’s wild well drowning economy as well as living beings. From Bloomberg:
With tar balls washing up on Pensacola, property sales are being renegotiated and buyers are delaying bids, said Theo Baars of Baars Real Estate Services LLC, whose family has marketed property in the city since 1946.
Tourism is taking a hit, too, with only one-fifth of the usual number of people attending the annual sandcastle contest last weekend, Grover Robinson, chairman of the Escambia County Commission, said at a Monday press briefing. The county includes Pensacola, located about 200 miles east of New Orleans.
Much more at the link.