1.-The answer will be oil prices plummeted. 1980's oil glut was a surplus of crude oil that made the price of oil to go down. The hurricane Camille happened in 1969. Jimmy Carter was the the president in 1980 and in 1981 Ronald Reagan was the president of the USA. Earl Long died in 1937.
2.- The BP oil spill. It is considered the biggest marine oil spill.
3.. Building amusement parks (six flags, Disney).
4.- Approving gambling.
5.- 35 cents