Something is finally working for BP -

Something is finally working for BP

But can the company keep its big promises to clean up its mess?


This weekend, a cap that BP has placed over the oil leak is capturing an estimated 10,000 barrel’s a day—although it is said that 12,000 to 19,000 barrels of oil a day are leaking into the waters of the Gulf of Mexico. BP’s chief executive, Tony Hayward, said on British TV that BP is confident that between this and another method they will deploy later this week they will be containing the vast majority of the oil. BP is also making big promises: “We’re going to clean-up the oil, we’re going to remediate any environmental damage and we are going to return the Gulf coast to the position it was in prior to this event. That’s an absolute commitment, we will be there long after the media has gone, making good on our promises.” But the oil is already affecting the coasts, wildlife, fishing and beaches of Louisiana, Mississippi, Alabama and Florida. And the environmental damage is considered the worst in U.S. history.


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Something is finally working for BP

  1. It's rather amazing that BP was touting the 5000 barrels a day right up until the bitter end. This means that the volume of oil that was spewing into the Gulf is far greater than originally estimated. At a conservative estimate of 25,000 barrels per day, over the 46 days, 1,15 million barrels of oil have been released (182 million litres) – the Exxon Valdez spill was less than 1/4 the size. On June 5th, the NOAA has closed nearly 79,000 square miles of the Gulf to fishing, nearly 33% of the total area of Federal waters in the Gulf.

    It will be interesting to watch what BP really does after the television cameras are gone.

  2. I can't help but wonder how more responsive BP would have been and how much faster that response would have had this spill occurred off the coast of Great Britain….MNCs have got to be held fully accountable for the damage they do when afforded the "privilege" to do business outside their home country, especially when damage is due to a willful failure to take necessary precautions and a willingness to put at risk people and enviornments not attached to their own shorelines!