February 19, 2013

BP: Please Don't Make Us Go Through This Again

Chris Helman, Forbes


BBW

BP is set to go to trial against the federal government next week. The feds say they intend to prove that BP was grossly negligent in causing the Deepwater Horizon explosion and subsequent spill. BP says gross negligence is a high bar that it intends to keep prosecutors from clearing. The outcome will determine how many more billions the company ends up paying in fines for releasing millions of gallons of oil into the Gulf of Mexico.

Read Full Article ››

TAGGED: Oil, Gulf Of Mexico, Macondo Oil Spill, BP

RECOMMENDED ARTICLES

October 21, 2013
What BP Owes America
David Yarnold, Politico
The BP oil spill civil trial in U.S. district court in New Orleans is an important moment for the future of the Gulf Coast, the efficacy of U.S. environmental protections and the accountability of corporations under the rule of... more ››
Most people can't think about Texas without thinking about oil, and a recent flood of investment into two onshore shale fields has helped the state bolster its title as one of the world's leading energy producers.According to... more ››
October 21, 2013
Oil Supply Vulnerable 40 Years After Embargo
Wendy Koch, USA Today
In 1973, Archie Bunker's All in the Family topped TV rankings and Tony Orlando's Tie a Yellow Ribbon 'Round the Ole Oak Tree led Billboard charts. On the economic front, the United States depended heavily on foreign oil. . . more ››
October 21, 2013
Even a Dead Cat Looks Alive Before It Hits Bottom
Kurt Cobb, R.I. Blog
Energy independence sounds good, and that's why politicians and oil company executives love to say the words. It's so easy to say, but oh so hard to actually accomplish, which is why the United States has been a consistent... more ››
 Nine blackened tankers are scattered around the site. Part of the rail is mangled, warped, and burned black.A train carrying propane and crude that crashed in the hamlet of Gainford, Alta., early Saturday morning is once... more ››