Hydrogen sulfide (or hydrogen sulphide) is a colorless, very poisonous, flammable gas with the characteristic foul odor of rotten eggs.
Crude oil is loaded with the petrochemical, Benzene, which is a confirmed human carcinogen. See my post, “Benzene Contamination in Gulf States.” See also my previous post, “BP Is Lying About Air Quality.”
George Uré of UrbanSurvival asks some very good questions:
What happens when there is so much oil in the Gulf that air quality/hydrogen sulfide levels make coastwise living unhealthy, cancerous, or even immediately fatal?
If you owned Gulf coast property and it became oil soaked and smelling of oil to high heavens, would you pay the mortgage, or would you throw down the keys and say “Have fun, bank…”?
What happens if a million homeowners and condo-dwellers all throw down their keys in mass “deeds in lieu of foreclosures” this fall and head north to clear air? What happens to the underlying securitizations? And what about the banks and pension funds that thought they had assets?