Lifestyle

AMERICAN RESILIENCE: A decade after recovering from the Deepwater Horizon oil spill that left their beaches covered in tar, Gulf towns face another existential threat — the coronavirus pandemic

Tourism along the Gulf of Mexico came to a screeching halt in 2010 after the Deepwater Horizon oil spill covered Texas, Lousiana, Alabama, and Florida resort towns’ once-pristine beaches with tar. Tourism eventually recovered and exceeded its pre-spill levels, thanks in part to BP’s aggressive cleanup program and national advertising […]
AMERICAN RESILIENCE: A decade after recovering from the Deepwater Horizon oil spill that left their beaches covered in tar, Gulf towns face another existential threat — the coronavirus pandemic
Markets

Transocean’s Stock Is Soaring

Transocean Ltd.’s stock is popping after the Wall Street Journal’s Tom Fowler first reported the company agreed to pay $1.4 billion to settle claims related to 2010’s Deepwater Horizon disaster.
Transocean’s Stock Is Soaring
News

19 Months Later, Here’s What We’ve Learned From The Deepwater Horizon Oil Spill

[credit provider=”Mario Tama/Getty Images” url=”http://www.gettyimages.com/detail/news-photo/dead-crab-is-seen-in-a-piece-of-marsh-ravaged-by-the-news-photo/112289265#”] The BP Deepwater Horizon oil spill began on April 20, 2010 and lasted 87 days, releasing about 4.9 million barrels of oil into the ocean from a mile deep well.In response to the largest oil spill in US history more than 1 million gallons of […]
19 Months Later, Here’s What We’ve Learned From The Deepwater Horizon Oil Spill
News

We Finally Have A Reliable Way To Detect Oil Spills Before They Get Disastrous

[credit provider=”Flickr/SkyTruth” url=”http://www.flickr.com/photos/skytruth/4543311558/”] Energy technology: As oil exploration moves into the Arctic, new methods are being developed to detect and handle spillsAn oil well suffers a blowout, causing a fatal explosion on an offshore platform. Oil spews into the water at an estimated rate of 53,000 barrels a day.
We Finally Have A Reliable Way To Detect Oil Spills Before They Get Disastrous
News

The Real Criminals At BP Are Getting Off Scot-Free

The Justice Department just entered into the largest criminal settlement in U.S. history with the giant oil company BP. BP plead guilty to 14 criminal counts, including manslaughter, and agreed to pay $4 billion over the next five years.
The Real Criminals At BP Are Getting Off Scot-Free
News

The BP Prosecutions Show A New Strategy For The Justice Department

[credit provider=”Flickr/Infrogmation” url=”http://www.flickr.com/photos/infrogmation/4654839046/”] The feds’ indictment Thursday of two BP supervisors on the doomed Deepwater Horizon rig signals a renewed effort to punish managers for major disasters, The New York Times reports.Going after supervisors for big tragedies like Deepwater has been unusual in recent years and was more common in […]
The BP Prosecutions Show A New Strategy For The Justice Department
News

There’s A Really Good Reason Offshore Drilling Is Down Under Obama

[credit provider=”Flickr/SkyTruth” url=”http://www.flickr.com/photos/skytruth/4543311558/”] Last night, one of the most contentious portions of the debate was the back and forth between the president and Mitt Romney over energy policy. Obama correctly pointed out that domestic oil production was on the rise in America and drilling permits for federal land were on the […]
There’s A Really Good Reason Offshore Drilling Is Down Under Obama
News

The DOJ Might Settle Its Beef With Transocean For $1.5 Billion

[credit provider=”Flickr/SkyTruth” url=”http://www.flickr.com/photos/skytruth/4543311558/”] Transocean Ltd. and the U.S. Justice Department have discussed a $1.5 billion settlement that would resolve federal civil and criminal claims against the company over its role in a deadly 2010 rig explosion that spawned the nation’s worst offshore oil spill.But Switzerland-based Transocean said in a regulatory […]
The DOJ Might Settle Its Beef With Transocean For $1.5 Billion