There is an old saying that bad things happen in threes. Louisiana’s Black fishermen regrouped in 1992 after many of their oyster bed leases were washed away during the Caernarvon Freshwater Diversion Project. In 2005, business was at an all-time high and oystermen like Stanley Encalade, 51, who has spent 30-plus years building up his family’s business, were earning $100,000 per year. Then Hurricane Katrina struck, devastating the entire state.
It's hard to tell that just a year ago BP was reeling from financial havoc and an American public out for blood. A year after the devastating oil spill, the company is even angling to explore again in the deep waters of the Gulf of Mexico, where it holds more leases than any competitor.