BP Oil Spill

Topics: Petroleum, Oil spill, Persian Gulf Pages: 6 (2171 words) Published: February 11, 2014


BP OIL SPILL IN 2010

April 20th was a tragic day for BP and the crew of the Transocean’s Deepwater Horizon. “Floating fifty-two miles off the coast of Louisiana in 5,000 feet of water was an oil rig drilling in the Gulf of Mexico.” (Hoffman, 2010) What unfolded next will go down in history as the worst accidental oil spill in the world. “The oil well a mile below the surface of the Gulf blew up from high-pressure methane gas expanding into the drill. As a result of the explosion, it ended up taking 11 people’s lives. BP made several attempts to plug the well but was unsuccessful. The estimated oil flow rate was as high as 2.5 million gallons a day until the well was capped on July 15, 2010. Oil gushed from the broken well for more than 85 days, oiled 572 miles of the Gulf shoreline, and killed vast numbers of birds and marine life.” (Hoffman, 2010) Numerous investigations explored the causes of the explosion and record-setting spill. “In September of year 2011 the U.S. government’s report, pointed out defective cement on the well, faulting mostly BP, but also rig operator Transocean and contractor Halliburton. Earlier in 2011, a White House commission blamed BP and its partners for a series of cost-cutting decisions and an insufficient safety system.” (Hoffman, 2010) “It is nearly impossible to measure the level of negative externalities involved in this crisis. The after effects of the 2010 oil spill has had a significant toll within and throughout the surrounding area of the Gulf of Mexico; ranging from various environmental disasters to local businesses and home owners. The people of the region are potentially at risk of illnesses, and have lost a lot income as a result of the oil spill. Even with the direction of the Federal Government it is no wonder why businesses have invested billions of dollars to help clean up The Gulf of Mexico. As of late December BP has spent more than $14 billion on response activities.” (The BP oil spill at one year). BP has stated, “Throughout this disaster we’ve sought to work closely with the government, local residents, shareholders, employees, the wider industry and the media.”(Deepwater Horizon accident and response). However, various citizens in the local area and organizations around the world are still dissatisfied with the efforts made by BP to amend the wrongs. “Particularly concerning the Gulf ecosystem implications of the initial spill may only be the start of the problem. It seems the long term effects of the spill are difficult to determine and estimate in future years. Currently, roughly 6000 birds, 600 sea turtles and 100 marine mammals’ carcasses have been found in and around the oil spill.”(The BP oil spill at one year). “Businesses and the local people have gone through tough times since the oil spill. Potentially the oil spill could affect the health of people, including: cancers, abnormal breathing and hormonal changes. It is important to remember that these are effects that most likely will take place in the long term.” (Stories from the Gulf). Many of the public may be unaware of the positive factors that have formed from the 2010 oil spill, especially when referring to job opportunities. “Wilkie, vice president of Sebastian, Fla.-based Granite Environmental, is working full-throttle to fill his Oklahoma and Florida factories with new employees to handle the crush of orders for cleanup equipment.” (BP creates a wave…) Various cleaning businesses have had to hire new employees to keep up with the demand for new equipment to clean up the mess made by the oil. “More importantly it isn’t just these cleanup businesses that are making a surge in sales. Hotels for example are seeing a huge rise in demand for rooms due to the workers involved in the cleanup. Venice Inn Motel, based on the coastal Louisiana, says they are seeing a wave of business from the workers involved in the cleanup.” (BP creates a wave…). “The owner of both...
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