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Report Slams Government's Oil Spill Response
By not in system - AOL News
A presidential commission's reports on the Deepwater Horizon oil spill criticize the Obama administration for "underestimating" the amount of crude flowing into the Gulf, which in turn "undermined public confidence in the federal government's response." ...
Commission Report Slams Government's Oil Spill Response
By Christopher Weber - Politics DailyA presidential commission's reports on the Deepwater Horizon oil spill criticize the Obama administration for "underestimating" the amount of crude flowing into the Gulf, which in turn "undermined public confidence in the federal government's response." The National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling, formed just weeks after the April oil rig explosion, released a series of four papers Monday, each deeply critical of the federal government's handling of the disaster. "By initially underestimating the amount of oil flow and then, at the end of the summer, ...
BP Makes First $3 Billion Payment to Oil Spill Compensation Account
By Christopher Weber - Politics DailyBP has made its first payment to the $20-billion fund that will compensate victims of the disastrous oil spill in the Gulf of Mexico. Bloomberg reported that BP deposited $3 billion Monday into the escrow account set up in June after executives of the oil giant met with President Obama at the White House. BP had promised to make the initial deposit by Sept. 30. The fact that payments are "ahead of schedule" is a sign of the company's commitment to "making it right in the Gulf," said Robert Dudley, who takes over as BP's CEO Oct. 1. BP agreed to put $5 billion into the account every year ...
The World's Current Oil Spills, By the Numbers
By Dana Chivvis - AOL News(July 28) -- Oil, oil everywhere. It seems like the earth is having a hard time keeping it below ground these days. With one active leak (in Barataria Bay, La.), two more still causing major problems (on the Kalamazoo River in Michigan and, of course, in the Gulf of Mexico) and one recently cleaned-up but disastrous spill in China, Surge Desk takes a look at the state of the world's oil spills, by the numbers. Cedyco Corp.'s Orphaned Well Spill, Barataria Bay, La. Cause: A barge hit an abandoned well near the Gulf of Mexico early Tuesday Amount spilled: Unknown Spread: One mile of Barataria ...
Crews Fight to Contain New Leak Near Gulf of Mexico
By Carl Franzen - AOL News(July 27) -- Not again! A new oil leak has hit the Gulf Coast Tuesday after a small boat collided with a wellhead in Bayou St. Dennis, just north of the ecologically diverse Barataria Bay in Louisiana. There were no reported injuries, but morale in nearby Jefferson Parish, where oil from BP's well has already caused extensive environmental and commercial damage, is unsurprisingly not good. "We cannot catch a break," Jefferson Parish Emergency Management Director Deano Bonano said in a message to fellow officials, reports WDSU. "We have no estimate at this time of the volume of oil [from the ...
Gulf Oil Leak Could Be Capped This Weekend
By Christopher Weber - Politics DailyA new, tighter-fitting containment cap will be placed on top of the well gushing oil into the Gulf of Mexico, which officials are hopeful could stem the leak by Monday. National Incident Commander Thad Allen said BP will replace the existing cap, which has been on the well for about a month, on Saturday, the New Orleans' Times-Picayune reported. Also this weekend, a third oil-collecting vessel was expected be deployed in the Gulf. The Helix Producer will be tested Saturday and could begin sucking up crude by Sunday. It would join two other ships, the Discoverer Enterprise and the Q4000, ...
US Navy's MZ-3A Blimp to Make First Gulf Oil Spill Mission
By Steven Hoffer - AOL News(July 9) -- Following a monthlong journey to New Orleans from its permanent home in Yuma, Ariz., the U.S. Navy MZ-3A blimp will -- weather permitting -- today take its first flight over the gulf oil spill, according to CNN. The 178-foot airship will aid a restarted oil skimming effort temporarily suspended due to several days of rough seas. "Having something at a low altitude that can stay on scene a very long time is extremely valuable. We are anxious to see how it works," retired Coast Guard Adm. Thad Allen told CNN. As explained earlier this week by Surge Desk, officials hope the blimp ...
Oil Fouls New Orleans' Lake Pontchartrain
By Lauren Frayer - AOL News(July 7) -- Oil seeping into New Orleans' Lake Pontchartrain from the Gulf of Mexico spill is threatening the pristine estuary's fragile ecosystem less than 20 years after what experts describe as a "dramatic turnabout" in its pollution levels. The fact that oil has turned up in the lake, a 630-square-mile inland bay popular with boaters and fishermen, is a psychological blow to New Orleans. The city, more than 100 miles from the gulf, had hoped to avoid much of the gloom that's beset coastal towns more severely affected by America's worst-ever oil spill. "People love the lake, and they ...
More Than 27,000 Abandoned Wells in Gulf
By not in system - AOL News(July 7) -- More than 27,000 abandoned oil and gas wells lurk in the hard rock beneath the Gulf of Mexico, an environmental minefield that has been ignored for decades. No one - not industry, not government - is checking to see if they are leaking, an Associated Press investigation shows. The oldest of these wells were abandoned in the late 1940s, raising the prospect that many deteriorating sealing jobs are already failing. The AP investigation uncovered particular concern with 3,500 of the neglected wells - those characterized in federal government records as "temporarily abandoned." ...
BP's Oil Spill Tab Now Tops $3 Billion
By Lauren Frayer - AOL News(July 5) -- BP announced today that its costs from America's worst-ever oil spill have topped $3 billion, and that it's accelerating cleanup efforts in the Gulf of Mexico after a lull during Hurricane Alex's storm surge. The price tag is up from a figure of $2.35 billion that BP announced late last month. With American financial markets closed for the 4th of July holiday, trading was light today on London markets, and BP's shares don't appear to have taken a hit after the company's announcement. In fact, BP's stock was up 2.4 percent in early London trading today. BP spent nearly $147 ...
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