Bp Oil Spill Analysis
I. INTRODUCTION
1. Scope of Research
The spectrums of oil spill issues are diverse and large. They range from environmental issue to economic, ecological, ethical, politics and policies. Among many other oil spills, the BP oil spill in the Gulf of Mexico, occurred on April 20, 2010 was recorded as the greatest environmental disaster in our history (BP leak the world's worst accidental oil spill, 2010).
The goal of our research is to seek possible solutions to reduce the risks of offshore oil spills. To attain this goal, we gathered information from over twenty sources, including “Deepwater Horizon oil” from Wikipedia research and an article from the LA Times.
Our research focused mainly on four aspects of the BP oil spill, the aspects of environment, economy, politics and policy, and the internal BP crisis. At first, we went over the background of BP and its oil spill to identify the issues. Secondly, we analyzed problems and issues of four main categories. We addressed impacts on: marine ecology and human health risk as an environmental issue, economic loss and compensation problems as an economic issue, offshore drilling policy issue as a political issue, and BP’s internal management crisis.
After analyzing BP oil spill problems, we discussed possible solutions for each problem we dealt with by analyzing pros and cons of each. Finally, we suggest recommendations for each solution.
2. Background
Deepwater Horizon, one of BP’s drilling rigs, had a blowout on April 20th, 2010, which led to the most serious oil spill disaster in the Mexico Gulf. Eleven workers were killed in the explosion and fourteen people were injured (Robertson & Krauss, 2010). Up to 100,000 barrels of oil was going into the sea every day. As much as 68,000 square miles of sea were polluted (Burdeau, Cain, 2010). This incident causes several tough problems including environmental, political, economic and legal problems.
After finding the spill of oil, BP took
1. Scope of Research
The spectrums of oil spill issues are diverse and large. They range from environmental issue to economic, ecological, ethical, politics and policies. Among many other oil spills, the BP oil spill in the Gulf of Mexico, occurred on April 20, 2010 was recorded as the greatest environmental disaster in our history (BP leak the world's worst accidental oil spill, 2010).
The goal of our research is to seek possible solutions to reduce the risks of offshore oil spills. To attain this goal, we gathered information from over twenty sources, including “Deepwater Horizon oil” from Wikipedia research and an article from the LA Times.
Our research focused mainly on four aspects of the BP oil spill, the aspects of environment, economy, politics and policy, and the internal BP crisis. At first, we went over the background of BP and its oil spill to identify the issues. Secondly, we analyzed problems and issues of four main categories. We addressed impacts on: marine ecology and human health risk as an environmental issue, economic loss and compensation problems as an economic issue, offshore drilling policy issue as a political issue, and BP’s internal management crisis.
After analyzing BP oil spill problems, we discussed possible solutions for each problem we dealt with by analyzing pros and cons of each. Finally, we suggest recommendations for each solution.
2. Background
Deepwater Horizon, one of BP’s drilling rigs, had a blowout on April 20th, 2010, which led to the most serious oil spill disaster in the Mexico Gulf. Eleven workers were killed in the explosion and fourteen people were injured (Robertson & Krauss, 2010). Up to 100,000 barrels of oil was going into the sea every day. As much as 68,000 square miles of sea were polluted (Burdeau, Cain, 2010). This incident causes several tough problems including environmental, political, economic and legal problems.
After finding the spill of oil, BP took
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