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Florida Owns 15 Million BP Shares

June 21, 2010

Florida Owns 15 Million BP Shares

Alex Sink is Florida’s chief financial officer but it doesn’t take a state official to figure out that the state should sell off its 15 million shares of BP stock. The stock is plunging as the Gulf of Mexico is filling with crude oil. Florida has already lost more than $21 million from selling the…

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June 11, 2010

BP Tries to Block Photos of Dead Animals

What is the BP oil spill going to cost Florida? After the Deepwater Horizon spill, now in day 50, a University of Central Florida economist crunched the numbers and says 39,000 jobs could be cut, mostly in tourism and fisheries and $2.2 billion economic impact. Remember that Florida is already seeing about 12 % unemployment…

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June 7, 2010

Oil Slick Hits Pensacola

Tar balls and clumps of tar were reported to be washing up on white-sand beaches around Pensacola last week and now come reports that some small specks of oil have been seen as far west as Fort Walton, Beach. However, based on Wall Street Journal article, Pensacola Beach has been hardest hit with a sheen…

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June 3, 2010

BP Gives Florida $25 Million Grant as Oil Approaches State

British Petroleum is making a peace offering to Florida Gov. Charlie Crist, who is working with Visit Florida to brainstorm an ad campaign to keep tourists flocking to Florida beaches. Florida officials are reportedly disappointed that the BP grant is only for $25 million, according to a St. Petersburg Times report. In a statement, Crist…

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May 21, 2010

Oil Spill Heading for Florida

Crude oil circulating in the Gulf of Mexico from an explosion last month has entered the Loop Current that runs counterclockwise around the tip of Florida. The word comes from the European Space Agency that looks at the earth from space via ESA satellites, according to a report. This is the first visible proof that…

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May 20, 2010

Oil Spill Claim Warnings

The Mississippi Bar Disaster Legal Information Guide has some good advice if you have been impacted by the Gulf oil spill. This could include business owners, hotel and restaurant owners, fishermen, and excursion operators, among others. First, be sure any person who contacts you tells you and shows you who they are and who they…

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May 17, 2010

BP Gulf Oil Spill — Shrimpers Concerned About Chemical Dispersants

Florida officials want to remind the public that Florida beaches are still open for business and that the Florida waters in the Gulf remain open to commercial and recreational fishing. The Florida Fish and Wildlife Conservation Commission is in the process of identifying the most vulnerable fish and wildlife habitats to focus protective measures while…

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