BP is working on a new way to seal the broken well in the Gulf of Mexico. If this works, this may end a disaster that has gone on for 3 months, cost BP millions of dollars, and alienated the company from millions of Americans. Despite numerous attempts to fix the problem, nothing has worked. Over the next few days, the company will perform a series of tests to make sure that the newest effort is successful. BP has stated that there will be challenges as they go forward. Even if it is not completely successful, it will be helpful during hurricane season. BP stated that the accident, which killed 11 people, has cost them approximately $3.5 billion so far. It is believed that between 35,000 to 60,000 barrels of oil have been spilled into the Gulf each day. They hope that if this new sealing cap works, it will allow them to capture 60,000 to 80,000 barrels a day.
This situation continues to be a nightmare for communities along the Gulf. People are out of work, the tourist industry has been hurt, and wildlife has suffered. I find it hard to find any sympathy for BP. Even once the well has been capped, their responsibility will continue for decades.
Daker, Susan and Cassandra Sweet. “BP Attempts to Install New Sealing Cap.” The Wall Street Journal. 13 July 2010.
I agree with your take on BP's failure. Because of their accident, the Gulf is suffering in more ways than one. I believe there is no way for BP to compensate for their actions. This should be a lesson for oil companies to make sure everything they do is done in a safe, harmless way.
ReplyDelete