With the well capped and surface oil fast disappearing from the Gulf of Mexico, the response to the BP spill seems ready to move to a new phase—and possibly a less intense one. Right now BP is preparing to begin the static kill, a procedure that involves pumping heavy drilling mud down through the cap over the wellhead, followed by …
Oil
Oil Spill: How Bad is the Damage?
Over on the main page, TIME’s Michael Grunwald has a contrarian take on the Gulf oil spill. Far from being the greatest environmental catastrophe in American history—as everyone from President Obama to, well, me has said—Grunwald reports that the damage seems to have been limited. The number of bird kills is far lower than those …
The Energy Bill Gets Oiled
Want a laugh? Think back to the end of March, back when people probably thought “Deepwater Horizon” was the title of James Cameron’s next film. President Obama roiled the environmental community by announcing his support for expanded offshore drilling, as part of a broader, more comprehensive energy strategy. Here’s a relevant passage …
Oil Spill: Fixing a Hole
As expected, BP announced this morning that human whipping boy Tony Hayward will be stepping down as CEO, to be replaced in October by the American Bob Dudley. Hayward will be nominated as a nonexecutive director of TNK-BP, the company’s Russian oil and gas venture—meaning that Hayward is literally being exiled to Siberia. (Though …
Oil Spill: Goodbye, Mr. Hayward
When Tony Hayward became CEO of BP in 2007, replacing a disgraced Lord John Browne, he was taking over a company in turmoil. BP was still recovering from a 2005 fire at its Texas City refinery that killed 15 people—one of the worst industrial accidents in recent memory, and a result of Browne putting profits over safety. Hayward—a …
Oil Spill: The Storm Passes For Now
Bonnie is a bust. Saturday morning the National Hurricane Center discontinued tropical storm warnings for Bonnie as it crossed the site of the Deepwater Horizon oil spill and made for landfall along the Gulf coast Saturday evening. It remains a tropical depression—one step down from a tropical storm—with winds around 30 mph and sea …
Oil Spill: What Will the Storm Do?
As tempests go, tropical storm Bonnie would barely be strong enough to cause a Louisianan to look up from his gumbo. As of Friday evening, the National Hurricane Center actually downgraded Bonnie to a tropical depression, with winds only around 35 mph—below the 39 mph minimum needed for to be an official tropical storm. If this were …
Oil Spill: The Gathering Storm
With a tropical storm looking more and more likely to hit the site of BP’s blown well in the Gulf of Mexico, retired Coast Guard Admiral Thad W. Allen made a difficult decision on Thursday night. In the end, however, the evacuation order was given. The rigs and ships involved with the relief well and the containment operations began …
Shutting Down Offshore Drilling in the Arctic
While the White House, Congress and the oil industry fight over the controversial deepwater drilling moratorium, a federal judge quietly made a significant decision on the next frontier of offshore oil and gas exploration: the Arctic seas. Yesterday U.S. District judge Ralph Beistline blocked energy companies from developing oil and gas …
Oil Spill: The Industry Looks to Clean Up
While the rest of us wait to see whether a brewing storm will bring oil spill containment and cleanup on BP’s spill to a halt—just when the endgame had begun—the oil industry is moving on. Yesterday four of the biggest oil companies announced they were committing $1 billion to build a rapid-response system to cleanup deepwater oil …