Large algae blooms occurring in coastal waters is nothing new, it happens every year, especially during the summer months. Water that feeds into the ocean is overly rich in nutrients and that causes algae blooms. This is called eutrophication. Since the algae grows so quickly it is inevitable that there will be a large die off as well. When the algae dies, it decays just like anything else and can create low oxygen conditions in the water. Try Googling eutrophication and the dead zone that occurs every summer where the Mississippi flows into the Gulf of Mexico.