BP’s Problems Are More Than 6 Inches Deep
BP keeps shooting itself in the foot with bad decisions and shady practices, even at a time when they have the opportunity to quickly strive for public trust. From its already backed-up victim compensation program to its regulations regarding public beach accessibility, BP continues to try and take blame for the Gulf Oil Spill without actually dealing with the full repercussions.
In a supposedly generous offer by BP, attorney Kenneth Feinberg has decided that BP will not be subtracting the funds paid to BP clean-up crews from their victim compensation for the damages from the spill. In other words, BP… Continue reading
A Threat to Jobs in the Gulf: The Drilling Moratorium
Even though the BP well is planned to be fully plugged sometime on Sunday, disputes over employment loss are just heating up.
Beyond the debate amongst major companies like BP and Transocean over who caused the worst oil spill in history, disputes are brewing over employment lost due to the Moratorium put on deep-water drilling in the Gulf of Mexico by the Obama Administration.
A report released Thursday by the Obama Administration states that, although predictions showed between 8,000 and 12,000 jobs lost due to the moratorium, the current evidence shows little, if any, job loss in the region.… Continue reading
BP Oil Spill: Caps, Health, and the New Face of BP
The official estimate of the amount of oil leaking into the Gulf of Mexico has been raised to 35,000 to 60,000 barrels per day. Chances are, we will not know the actual amount until the spill has been contained.