Jun

2

Florida's Emerald CoastOil is reportedly 7 miles off the shore of Pensacola Beach. The contrast of crude oil against the canvas of pristine, white sand beaches will have a strong effect on the psyche of the entire region. Thousands of Southerners have for generations spent joyous summer vacations on the Gulf Coast.

The four biggest industries in the Gulf of Mexico are oil, tourism, fishing and shipping, and they account for some $234 billion in economic activity each year, according to a 2007 study done by regional scholars and published by Texas A&M University Press. Two-thirds of that amount is in the United States, with the other third in Mexico. If the Gulf of Mexico were a country, it would be the 29th largest economy in the world.


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