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Story iWatch June 10, 2011

Fishing and the Offshore Oil Industry: A Delicate Imbalance



In December 2010, Ghana joined the league of oil-producers, determined to make oil a blessing and...

Media file: Sekondi-Takoradi, Ghana_10866.jpg
Sunset at Sekondi beachfront, Sekondi-Takoradi, Ghana. Image by Christiane Badgley, Ghana, 2011.

The fishing and oil industries are intertwined in a complex relationship around the world. Oil is a blessing for national treasuries, and a curse when offshore drilling and spills damage fisheries and fishing communities.

The oil industry offers jobs to fishermen. Oil revenues and royalties bolster the economies of fishing communities. Even at the height of the Deepwater Horizon disaster, many residents along the Gulf of Mexico stood by the oil industry.

Continue reading this story on Global Post.


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