After the tragic BP oil spill in 2010‚ Louisiana Governor Bobby Jindal was quoted saying “the day that we’ve been fearing is upon us.” It is obvious that oil spills are a major concern throughout the world and pose a menacing threat to our environment and our public health. When hearing the phrase “oil spill‚” many immediately think about death‚ destruction and disaster. Unfortunately‚ a majority of people only acknowledge the devastating and highly publicized oil spills‚ but what they don’t see
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decide what qualifies as an environmental issue. The BP Oil Spill has been a huge environmental issue; it was the worst oil disaster in US history. The government estimated up to 2.6 million gallons per day with a total of 205.8 million got into the gulf. Louisiana‚ Mississippi‚ Alabama and Florida all had miles on miles of surface oil problems. BP put nearly 2 million gallons of chemical “dispersants” into the ocean‚ which actually make the oil more toxic to ocean life. It’s considered and environmental
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BP Oil Spill May 1‚ 2012 Abstract This paper is written on a current article that was recently published. The article is criminal justice related and about the BP oil spills that happened two years ago. The paper will be a brief summary of the article and what has happened since the oil spill. On Tuesday‚ April 24‚ 2012 at 7:40 P.M. Federal prosecutors brought the first criminal charges in the Gulf oil spill‚ accusing a former BP engineer of deleting
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During this lifetime‚ we will not know the amount of damage and problems caused by the continuing oil spill in the Gulf of Mexico. When addressing the ethical concerns associated with off shore drilling‚ we must look at many different points of views. Although environmental groups have challenged off shore drilling since it became a practice‚ the federal government has allowed it. This is because the government values offshore drilling for economic reasons more than it values preserving the environment
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Gulf Oil Corp.--Takeover Summary of Facts o George Keller of the Standard Oil Company of California (Socal) is trying to determine how much he wants to bid on Gulf Oil Corporation. Gulf will not consider bids below $70 per share even though their last closing price per share was valued at $43. o Between 1978 and 1982‚ Gulf doubled its exploration and development expenses to increase their oil reserves. In 1983‚ Gulf began reducing exploration expenditures considerably due to declining oil prices
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Standard Oil Company of California (Socal) is considering how much to bid for Gulf Oil Corporation (Gulf)‚ which is currently in the middle of a bidding war. Gulf is unwilling to consider bids below $70 per share even though their share price was $39 at the time Boone Pickens began purchasing shares in the hopes of a takeover. II. Statement of Facts and Assumptions Under the direction of James Lee‚ Gulf pursued a twofold strategy. First‚ Gulf renewed its focused on oil whereas in the past‚ Gulf had developed
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Business 352 Gulf Oil Company Sarah Barrette‚ Trevor Haug‚ Tyler Crawley‚ Maxwell Steimle Group #1 10/31/12 Table of Contents Recent History Page 3 The Takeover Pages 3-4 The Auction Page 5 Financial Analysis Page 5-6 Standard Oil Company of California’s Alternatives Page 6 Recommendations Page 7 Works Cited Page 8 Appendix Balance Sheet (Table 1) Appendix 1 Operating Sheet (Table 2) Appendix 2 Financial Analysis (Table 3) Appendix 3 Give appropriate
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BP Gulf Oil Spill 1 Running Head: BP GULF OIL SPILL The Legal Issues and Ethical Effects of the Deepwater Horizon Explosion and British Petroleum Oil Spill in the Gulf of Mexico 2010 Terry D. Bollman Park University BP Gulf Oil Spill 2 British Petroleum’s Roll in the Gulf Oil Spill This paper will explain some of the effects of three legal issues and three ethical issues surrounding the London-based British Petroleum Company’s involvement in the explosion of the offshore oil
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Gulf Oil Spill ENV/100 February 27‚ 2012 Norma Turner Gulf Oil Spill The Deepwater Horizon oil spill is considered to be the largest accidental marine oil spill in the history of the petroleum industry. The spill occurred in the Gulf of Mexico on April 20‚ 2010. The spill was the result of the explosion of the Deepwater Horizon offshore drilling rig. When the rig exploded‚ it created a sea-floor gusher of oil that flowed freely for three months. It resulted in 11 people killed and
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Alex Bordeau P.6 3/27/16 Ms.Whittaker Exxon Oil Spill The Exxon Valdez oil spill occurred in Prince William Sound‚ Alaska‚ on March 24‚ 1989. Exxon Valdez‚ an oil tanker headed for Long Beach‚ California‚ struck Prince William Sound’s Bligh Reef at 12:04 am local time and spilled thousands of gallons of crude oil. Exxon Shipping Company failed to properly maintain the Raytheon Collision Avoidance System radar which‚ if functional would have identified that the ship was off course an heading
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