More Than 6,000 Lawsuits Filed Against BP 0
More Than 6,000 Lawsuits Filed Against BP
About 6,000 claims in total have been filed against BP since its massive oil spill in the Gulf of Mexico.
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More Than 6,000 Lawsuits Filed Against BP
About 6,000 claims in total have been filed against BP since its massive oil spill in the Gulf of Mexico.
Read more on CNBC via Yahoo! Finance
BP Dead Pelicans Heading Back
Image by Infrogmation
Blog – BP’s Leaky Spill Cap: Better Than It Looks?
It’s impossible to say how much oil is still escaping from the stricken wellhead.
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New Deepwater Horizon images:
We Are Worth More Than BP’s Bottom Line
Image by Infrogmation
Aerial view of ongoing cleanup efforts
Image by Deepwater Horizon Response
It’s time to explore energy options other than oil
The oil wells just offshore at Summerland in 1915. Photo courtesy of G.H. Eldridge. During the 2008 presidential election, Americans heard the chant of “drill, baby, drill” intoned by politicians pushing our nation to tap into offshore and Arctic petroleum fields. With the Deepwater Horizon oil rig catastrophe now destroying the Gulf of Mexico’s fragile ecosystem, that mantra has turned into an …
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Obama defends response as BP admits spill worse than Exxon Valdez
Seeking to demonstrate leadership amid an exploding environmental and political crisis, U.S. President Barack Obama on Thursday announced a six-month moratorium on new deepwater oil leases as a federal investigation continues into the cause of the BP spill in the Gulf of Mexico.
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Scientists say oil spill now far bigger than Valdez
ASSOCIATED PRESS COVINGTON, La. — The Gulf oil spill has surpassed the Exxon Valdez as the worst in U.S. history, according to new estimates released Thursday, but the Coast Guard and BP said an untested procedure to stop it seemed to be working. A team of scientists trying to figure out how much oil has been flowing since the offshore rig Deepwater Horizon exploded April 20 and sank two days …
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Scientists: Gulf of Mexico oil spill now far bigger than Exxon Valdez
COVINGTON, La. — Scientists say the Gulf of Mexico spill has now leaked far more oil than the Exxon Valdez disaster — maybe even three-and-a-half times as much.View full sizeAssociated PressThis early morning image made from video released by British…
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BP concedes Gulf oil spill is bigger than estimate
Greg Bluestein, Associated Press Writers Michael Kunzelman, Associated Press Writers BP conceded Thursday that more oil than it estimated is gushing into the Gulf of Mexico as heavy crude washed into Louisiana’s wetlands for the first time, feeding worries and uncertainty about the massive monthlong spill.
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May 10, 2010 — Video is from Alabama resident John Wathen as a volunteer pilot flew him over the area where the oil rig sank. Officials have stopped guessing at the amount of oil leaking although some speculate it may be closer to 1 million gallons per day. Don’t let BP spin this into something trivial. “It’s not a leak, it’s a volcano spewing oil”
Video Rating: 5 / 5
Congressional investigators announced Wednesday that an emergency shutoff valve might have been able to prevent the BP Plc (NYSE:BP) oil spill in the Gulf of Mexico, had it not been equipped with a leaking hydraulic system and one useless valve. The Transocean Ltd-owned (NYSE:RIG) Deepwater Horizon drilling rig was supposed to be equipped with a blowout preventer capable of pushing back on high pressure oil and gas surges, but instead failed, killing eleven workers in an explosion. Poor maintenance and necessary modifications on the blowout preventer were pinpointed by chairman of the House Oversight and Investigations Subcommittee, Rep. Bart Stupak (D-Mich.) as the reasons behind the explosive spill. Stupak said, “The safety of [the rig’s] entire operations rested on the performance of a leaking, modified, defective blowout preventer.” The blowout preventer was manufactured by Cameron International Corp. (NYSE:CAM), and crews noticed the leak oozing from a faulty and loose connection. However, Cameron International told the Investigations Subcommittee that it could not have been the blowout preventer that caused the leak, since the other connections were tightly fitted. An additional shut-off system on the blowout preventer was also modified, and reportedly did not work either. Rep. Stupak said, “An entire day’s worth of precious time had been spent engaging rams that closed the wrong way because it was wired wrong.” A document was identified by the Investigations …
Video Rating: 5 / 5
OIl hits Louisiana shore; BP admits spill is more serious than estimated
NEW ORLEANS (AP) — BP conceded Thursday that more oil than it estimated is gushing into the Gulf of Mexico as heavy crude washed into Louisiana’s wetlands for the first time, feeding worries and uncertainty about the massive monthlong spill.
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