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29 Dec 2011 15:02

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U.S.: Federal prosecutors preparing case against BP

  • The oil spill examined: The first criminal charges to be filed against BP, regarding the explosion and subsequent oil leak at the Deepwater Horizon well, are being prepared by federal prosecutors. The charges, to come out next year, are expected to center on a group of engineers and whether false or misleading information about the safety of drilling at such deep depths in the Gulf of Mexico was submitted on federal documents. The spill in totality is very relevant right now — a couple months ago, the Obama administration approved BP for more drilling in the Gulf, despite no changes to spill-related financial liability laws. (Photo courtesy of ideum) source
Posted by Chris Tognotti • 0 Comments • Permalink


08 Jun 2011 18:50

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Politics: Louisiana may have an oil spill off its coast; pending investigation

  • Coast guard investigating alleged oil spill: Stress the “alleged,” as a Coast Guard spokesman has said it’s “too early” to make a definitive judgment. That said, a fisherman reported what he thought to be an oil spill “several miles long” off the Louisiana coast near Venice, and the Coast Guard has deployed to ascertain whether the offending substance is indeed oil, and if so where it may have come from. For obvious reasons, oil turning up off the Louisiana coast reminds us of bad, bad things. We hope like crazy this turns out okay. source
Posted by Chris Tognotti • 0 Comments • Permalink


24 Mar 2011 02:00

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U.S.: Gulf Oil Spill: Who is Jennifer Rexford? Why you should find out

  • This is very disturbing, and very unreported: Have you heard about the plight of Jennifer Rexford? The Gulf resident and BP cleanup worker has been documenting on YouTube and Twitter the health issues she and others have faced in the wake of the Gulf Oil Spill. (There haven’t been any updates in about two weeks … given her health issues, we hope everything’s OK.) She’s having trouble getting any sort of financial help. Plus, she says she’s not alone, and that others are in the same situation as she is. Very disturbing. Very eye-opening. Also worth watching? The story of Paul Doom, a twentysomething Florida resident who was planning on going into the Marines, but instead became paralyzed after swimming in the Gulf of Mexico. The two have only gotten limited press coverage. What’s going on? We want some answers. Not just studies. (Thank you definitelynotcanon – sincerely! This story needs our attention.) source
Posted by Ernie Smith • 0 Comments • Permalink


04 Jan 2011 10:15

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Biz: New year, new life: BP’s stock soaring today for some reason

  • 5.6% increase in BP's troubled stock today alone source
  • » It’s at its highest level in six months. But why? Two things. First off, the cost of BP’s compensation payouts is expected to be much less than first thought, and, secondly, BP could be the target of a takeover. After the year they’ve had, it might be a respite or something.
Posted by Ernie Smith • 0 Comments • Permalink


05 Nov 2010 21:54

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U.S.: Depressing proof of Gulf Oil Spill’s ecological destruction, right here

  • “I think we have the smoking gun.” The Gulf Oil Spill hasn’t been in the news too much lately, but we’ve been making an effort to post about it as often as we find stuff. In this case, a bunch of National Oceanic and Atmospheric Administration researchers happened to find evidence of environmental damage caused specifically by the Deepwater Horizon crapfest. See that thing wrapped around those ugly, blackened branches of coral? That’s a starfish. (In case you’re curious, you can find more photos from the research right here.) source
Posted by Ernie Smith • 0 Comments • Permalink


02 Nov 2010 10:29

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Biz: BP somehow posts profit, despite massive Gulf Oil Spill cost

  • $40
    bilion     the amount BP has set aside for paying for this oil spill (over two separate quarters) – bigger than many countries' GDP
  • $1.79
    billion     the company's profit third-quarter profit, despite a $7.7 billion spill-related charge – it's insanely impressive they have one at all source
Posted by Ernie Smith • 0 Comments • Permalink


29 Oct 2010 16:36

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Biz, U.S.: Here comes the denial: Halliburton sez they didn’t cause oil spill

  • Halliburton does not believe that the foam cement design used on the Macondo well was the cause of the incident.
  • A statement from Halliburton • Responding to the Senate committee report that suggested that their handiwork was a cause of the Gulf Oil Spill. Their take? While Halliburton admits that they didn’t do a key stability test, BP was to blame for a poor design process (an angle they’ve held onto since the spill first happened). And, worse, BP didn’t perform a critical cement bond log test. Also, both BP and Transocean misinterpreted the results of a negative pressure test – a misinterpretation that proved deadly for the workers on the rig. There are a lot of complicated details here, but the point you should take from this is that everyone is blaming everyone else. Which is understandable. Have you seen the rage caused by this oil spill? source
Posted by Ernie Smith • 0 Comments • Permalink


 

28 Oct 2010 21:23

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Biz, U.S.: BP and Halliburton make stupid mistake, punish the entire Gulf

  • The fact that BP and Halliburton knew this cement job could fail only solidifies their liability and responsibility for this disaster. We now know what BP and Halliburton knew, and when they knew it. And now we know they did absolutely nothing about it.
  • Rep. Edward J. Markey • Sounding incredibly pissed (for understandable reasons) about the whole situation with the Gulf Oil Spill. Why, you ask? Well, it seems our friends at both BP and Halliburton knew weeks before that the cement mixture they were using to seal the well was unstable and didn’t work particularly well. But, in a brilliant decision which had amazing effects on the Gulf region, they used it anyway. And by “brilliant” we mean awful. And by “amazing” we me disastrous. Heckuva job, BP and Halliburton. Heckuva job. source
Posted by Ernie Smith • 0 Comments • Permalink


24 Oct 2010 11:48

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U.S.: Remnants of Gulf Oil Spill (remember that?) still hanging around

  • Fun fact about the Gulf Oil Spill: A few days ago, the federal government said there were only a few “trouble spots” where oil was still hanging around. Strangely enough, this photo of a miles-long oil spot was taken after they said that. Wonder what happened. source
Posted by Ernie Smith • 0 Comments • Permalink


19 Sep 2010 19:09

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U.S.: BP finally plugs the damn hole

  • 153 days it took BP to kill the Deepwater Horizon oil rig
  • 206m gallons of oil leaked into the Gulf of Mexico
  • 2% drop in Obama's approval since the spill source
Posted by Seth Millstein • 0 Comments • Permalink


 
 
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