BP resumes oil drilling in Gulf of Mexico
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A little less than a year ago, the oil rig Deep Horizon blew apart and oil spilled by the millions of gallons into the Gulf of Mexico, harming wildlife and throwing the nation into a panic. Regardless, lessons have not been learned as the United States signs yet another agreement with British Petroleum to resume drilling in the Gulf. Here is the summary from Newser:
What with Transocean today patting itself on the back for its “best year in safety performance in our company’s history,” it only follows that BP will return to deepwater drilling in the Gulf of Mexico this summer. The oil giant has cut a deal with the US government that will allow it to drill 10 wells that were under way when the Deepwater Horizon blew last year—in exchange, of course, for stricter regulation. US regulators will have 24-hour access to drilling rigs, reports MSNBC via the Financial Times (subscription only), and BP has agreed to forgo new exploratory drilling.
Environmentalists are, predictably, less than thrilled: “Despite going through the near-death experience of the Macondo well in the US, BP continues to pursue high-risk opportunities. Strategically, the future BP seems to be doing what the old BP did,”a Greenpeace rep tells the FT.
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In exchange for tougher safety rules, or should that read just “safety rules” considering what passed for regulation before the Deep Horizon blew up.
Our dependence on oil will likely be the death of us. Our only hope was nuclear power but now everyone is up in the arms over that because of the Japan earthquake. There is no end in sight to the insanity of it all.