All the oil has been cleaned up or has evaporated from the waters of the Gulf of Mexico—well, nearly all of it—while the …
BP
Two Years After the Gulf Oil Spill, Why We Won’t Stop Drilling
It was two years ago today that the Deepwater Horizon—a top-of-the-line offshore drilling rig owned by BP and run by Transocean—experienced a sudden burst of gas from a three-mile long well its crew was drilling in the Gulf …
Nearly Two Years On, Did the BP Oil Spill Have to Happen to BP?
The Deepwater Horizon oil spill seems to divide people into two categories: those who can’t forget, and those who refuse to remember. In the first camp are Gulf Coast residents and environmentalists who say the region still …
Oil Spill: Why the BP Settlement Is Just the Beginning of the End
Lawyers representing the oil giant BP on one side, and more than 100,000 Gulf Coast residents on the other, were set to show up at the court of U.S. District Judge Carl Barbier on Monday morning. There they would have begun …
Petrol Politics: How Much Should an Oil Spill Cost?
How serious should the penalties for an oil spill be? In early November, Chevron and its drilling partner Transocean accidentally spilled some 3,000 barrels of oil into the ocean off the coast of Rio de Janeiro in Brazil. As oil …
Government Report Blames BP on Oil Spill. But there’s Plenty of Fault
Federal investigators from the Bureau of Ocean Energy Resource Management and Enforcement (BOERME) finally issued their long-delayed report today on the causes of last year’s Deepwater Horizon blowout and oil spill. The results are not very surprising: BP, and to a lesser extent contractors like Transocean and Halliburton, made …
Another Oil Spill, as ExxonMobil Fouls Montana
Amid the fireworks, parades, and hot dogs of this past Fourth of July weekend was that sinking feeling of déjà vu when news broke that yet another oil spill was oozing across once-clean waters. This time, it wasn’t the Gulf of Mexico, it was Montana; and it wasn’t BP, it was ExxonMobil. On Friday, 1,000 barrels of crude oil (42,000 …
Big Oil Invests in Small Renewables
With major oil players enjoying eye-popping profits on the back of high gas prices, there’s a growing political push to eliminate tax incentives for the petroleum industry. Senate Democrats and President Obama are behind a plan to strips billions in subsidies for the five biggest oil companies, with the money going either to clean …
On Earth Day, Contemplating the Human Cost of Energy
April 20, the one-year anniversary of the beginning of the Gulf oil spill, has no shortage of news events. Environmentalists and fishermen along the Gulf coast offered tours of the shoreline, to show the spots where the oil still remained. BP—with its impeccable sense of timing—lodged a $40 billion lawsuit against Transocean, the …
Looking Back and Looking Forward One Year After the Gulf Oil Spill
Today marks a year after the Macondo well in the Gulf of Mexico blew out, destroying the Deepwater Horizon and beginning the worst oil spill in U.S. history. We’ve worked up a few pieces that look back at the effects of the spill, and look forward on the future of offshore drilling. Click on them here:
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