Category: Oil Spill
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Deepwater Horizon Oil Spill
As explosion burst and oil leaked into the ocean. Billions of dollars rushed to the surface and water seemed to be on fire, but only oil burned. The uncontrollable fire burned up the derrick of Deepwater Horizon ,48 miles off the coast of Louisiana. British Productions (BP) leased Deepwater Horizon from Transocean, an oil rig…
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International Relations and Strategy: Oil Cartels
What is a Cartel? A cartel is an organization created from a formal agreement between a group of producers of a good or service to regulate supply in an effort to regulate or manipulate prices. In other words, a cartel is a collection of otherwise independent businesses or countries that act together as if they…
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Oil Spills – Major Form of Pollution
One major form of pollution that affects marine life is oil spills. Oil is extremely toxic to marine life and the harmful effects occur as soon as the oil hits the water. Oil spills are very dangerous for marine birds, mammals, fish, and shellfish. About 1.3 million gallons of petroleum are spilled into U.S. waters…
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The BP Oil Spill and the Importance of Oil on Global Economy Essay
Introduction The eve of April 20th, 2010 was just like any other in the Gulf of Mexico where the various oil rigs were busy in their extraction of oil from the sea bed. This, however, was not the case with Deepwater Horizon, one of the ultra-deepwater rigs located around 50 miles off the southeast coast…
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Actions to Counter Risk of the Oil Spill
Do Nothing If I were Amora Srinivar, I would choose to sit back and watch as events unfold because my immediate supervisor has no confidence in me. There is nothing that can be disgusting as sharing ideas with someone who undermines your efforts. The supervisor is one of the people who view women as inferior…
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Gulf of Mexico Oil Spill Essay
The Gulf of Mexico Oil Spill 2010 is described as the worst oil disaster to have ever happened in the history of the oil industry. Also known as the Macondo Blowout, the spill continued for approximately three months unabated. The root cause of the spill was a result of an explosion of the Deepwater Horizon…
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An Analysis of The Kalamazoo River Oil Spill and Its Devastating Effects on Our Environment
The Kalamazoo River oil spill was the worst oil spill in Michigans history. Well over 800,000 gallons of crude oil were spilled from an Enbridge pipeline in a creek upriver, and subsequently flowed downriver, causing devastating effects to the surrounding areas and the rivers ecosystem itself. It is clear that Enbridge dropped the ball, and…
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Oil Spill Crisis as a Result of the British Petroleum
The oil spill leaking into the Mexico gulf is as a result of the British Petroleum drilling rig which exploded at a rate of five thousand barrels a day. It was reported that about eleven workers died in the explosion that took place on 20th of April (Jones, 2010). The likely cause of the disaster…
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Impacts of Oil Spills on Marine Biodiversity
Its estimated that most oil spills occur because of daily operations, mostly in oil or port terminals. However, there are still occasions where oil spills occur due to oil exploration, extraction and production or through transporting oil by sea and these vessels crashing or running aground (Fingas, 2019). These tend to have great impacts on…
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Barrack Obamas Speech on the Oil Spill Crisis
After the oil spill, the US government looked at the situation from a different angle, which is inclusive of cleaning the Gulf, compensation of the affected, and also the dividends of the shareholders. The issue is considered in three dimensions; positioning BP to the point of coming to terms with compensating those affected like the…