Top Definition
1. A scientific way to calculate the true costs of massive oil spills, such as the BP Deepwater Horizon disaster in the Gulf of Mexico.

Spillonomics was conceived shortly after the 1989 Exxon Valdez spill in Prince William Sound, Alaska. Sadly, it has become a major growth industry in the last 21 years.

Unlike other methods favored by the petroleum industry, Spillonomics takes into account both short-term clean-up costs AND long-term costs related to marine ecosystems, tourism, fishing, coastal employment, real estate values and water quality.

2. Dick Cheney's latest nightmare.
I'm majoring in Spillonomics. My uncle at Halliburton is livid. Serves him right!
by Peter Kobs June 01, 2010

The Urban Dictionary Mug

Lotsa space for your liquids.

Buy the mug

The Urban Dictionary Mug

Lotsa space for your liquids.

Buy the mug

The Urban Dictionary Mug

Your favorite word on a white mug.

Create a mug

The Urban Dictionary Mug

One side has the word, one side has the definition. Microwave and dishwasher safe. Lotsa space for your liquids.

Buy the mug

The Urban Dictionary T-Shirt

Soft and offensive. Just like you.

Buy the t-shirt

The Urban Dictionary T-Shirt

Smooth, soft, slim fit American Apparel shirt. Custom printed. 100% fine jersey cotton, except for heather grey (90% cotton).

Buy the t-shirt