Updated oil spill pictures slamming the coast of the Florida shores might cut thousands of jobs and drum up losses in the billions for tourism related businesses just before the busiest time of the year. Tarballs and oil slicks heading towards the Florida panhandle may deter visitors.
(Media-Newswire.com) - Updated oil spill pictures slamming the coast of the Florida shores might cut thousands of jobs and drum up losses in the billions for tourism related businesses just before the busiest time of the year. Tarballs and oil slicks heading towards the Florida panhandle may deter visitors.
News from the area indicates many businesses are reporting hotel cancellations as pictures show tarballs of oil washing up on the western coast of the Florida panhandle strangling the local economy. If the oil travels farther to the east and surrounds the entire panhandle, the economy in Florida could suffer massive losses into the billions from the spill.
There are twenty three counties that border the western coast of the Gulf of Mexico and a direct hit of oil washing ashore could cost almost 200,000 jobs which deal with tourism in the area. Reports indicate that 25% of Florida's state tax income is directly related to the tourists who visit the Sunshine state.
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