Oil spill damage, losses nearing P1 billionA Coast Guard vessel is positioned near an oil slick (above) as seen by President Marcos during an aerial inspection of the damage caused by a submerged oil tanker in Oriental Mindoro yesterday. BFAR earlier noted that income losses of fisherfolk directly affected by the oil spill have reached P441 million in 22 fishing days. Anticipating the ongoing oil spill cleanup to take longer, President Marcos instructed yesterday government agencies to look for alternative livelihood for displaced communities. In an interview early last month, Marcos said the government aims to finish the oil spill cleanup in less than four months. Maybe this time, because the oil spill is a little less, we can speed it up.