A deepwater oil drilling rig that had burned for 36 hours after an explosion in the Gulf of Mexico sank on Thursday leaving 11 missing workers and creating a very high risk of a major oil spill to occur. For More information regarding the Gulf of Mexico Oil Spill or the Latest Stock Market Information, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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A deepwater oil drilling rig that had burned for 36 hours after an explosion in the Gulf of Mexico sank on Thursday leaving 11 missing workers and creating a very high risk of a major oil spill to occur. The sinking of the Deepwater Horizon, could release over 300,000 gallons of crude oil per day into the water. The rig also carried 700,000 gallons of diesel fuel, but that would likely evaporate if the fire didn't consume it.
Search and rescue crews searched by air and water discovered two empty lifeboats, and officials stated that it's unlikely any of the missing survived Tuesday night's blast. More than 100 workers escaped the explosion and fire; four were critically injured.
The oil will do much less damage at sea than it would if it hits the shore, said Cynthia Sarthou, executive director of the Gulf Restoration Network.” If it gets landward, it could be a disaster in the making," Sarthou said.
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