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Crisis In The Gulf: The 2010 Oil Spill

  • oil_spilled_over_money_200.jpg
    BP Hearings Aside, Congress Has Treated Big Oil Very Well

    White House shakedown? In a recent ten-year period, for example, oil companies lavished Congress with nearly $200 million in campaign contributions and reaped one hundred times that figure from the US Treasury in return

  • BP: The Inside Story

    It’s pretty safe to say that BP has been the most-watched company in the world for the last 100+ days since the fire and subsequent oil spill in the Gulf of Mexico began.

  • gulf_map_thumb_93.gif
    Track The Spill's Progress

    An explosion on the Deepwater Horizon oil rig on April 20, ruptured a well head in the Gulf of Mexico, setting in motion one of the worst environmental disasters in U.S. history.

  • Oil blobs wash ashore in Pensacola, Florida.
    Tamminen: Gulf Spill Disaster Could Spell End of BP

    Few have yet to grasp the potential damage claims that are yet to come from millions of people who live well beyond the immediate impact zone in the Gulf states.  The Loop Current and hurricanes will spread the mess far and wide.

  • Crisis in the Gulf
    Offshore Oil Disaster Could Boost New-Age Biofuels

    While BP's Gulf of Mexico oil spill has dimmed the prospects for new offshore oil drilling, next-generation biofuels may be able to compensate for that lost production, marking the start of a bigger move away from oil.

  • mexico_oil_rig_explosion3_200.jpg
    Political Patience Wanes as Gulf Oil Spill Grows

    Political patience is washing away for BP executives who can't stop a broken underwater well from spewing oil into the Gulf, where crews were trying the latest solution—submerging a second containment box designed to funnel the gusher to a waiting tanker.

  • A Greenpeace activist walks on an oil-covered beach along the Gulf of Mexico on May 20, 2010 near Venice, Louisiana. Although BP says that it is capturing more of the massive oil leak, thousands of barrels continue gushing into the Gulf south of the Louisiana coast.
    BP Says Oil Capture Rate Falls to 2,200 Barrels a Day

    BP says the amount of crude it's siphoning from the Gulf of Mexico leak fell to 2,200 barrels a day, down sharply from a capture of 5,000 barrels reported yesterday, due to a change in the flow of oil from the ruptured undersea well.

  • Rep. Charles Boustany
    Lift Six-Month Shallow Water Drilling Ban: Congressman

    Republican Congressman Charles Boustany of Louisiana says the Obama administration move is a" knee-jerk" reaction to the BP oil spill disaster.

  • oil_93.jpg
    Timeline of the Gulf of Mexico Oil Spill

    Following is a timeline of the Gulf of Mexico oil spill and its impact:

  • Contract workers from BP use skimmers to clean oil from a marsh near Pass a Loutre on June 1, 2010 near Venice, Louisiana. Earlier in the day, U.S. President Barack Obama called the Deepwater Horizon accident the 'greatest environmental disaster of its kind in our history.'
    Could 'Sham Wow' for Oil Help Gulf Clean Up?

    A Washington, DC company called First Line Technology has developed a product that could help in the clean up of the Gulf oil spill. It's just one of several ideas from private entrepreneurs hoping to assist in the effort.

  • SS_BP_oilspill_protests_cvr.jpg
    Scenes From Protests Over The BP Oil Spill

    Since the massive oil spill in the Gulf in Mexico first hit on April 20, protests against BP have been popping up in front of the company's offices and gas stations all over the country.

  • Simulated oil splatter on a BP gas station sign in Manhattan, New York.
    Fury at BP Turns Into Protests and Vandalism

    Anger over the oil leak in the Gulf of Mexico is spilling into streets as protests are organized at BP’s offices and gas stations around the country.

  • Daryl Carpenter demonstrates how ordinary hay can be used to remove oil from water.
    Not Just for Horses: Hay Could Soak Up Gulf Oil

    A Florida contractor demonstrates how hay could be an effective way of soaking up some of the oil from the BP well spill in the Gulf of Mexico.

  • off shore oil rig
    Newest Challenge for Oil Rigs: Getting Financing

    Billion-dollar oil rigs are starting to see a tremendous amount of financial strain due to the enormous amount of oil spewing into the Gulf of Mexico.

  • Offshore supply vessels assist and observe the worksite of the Deepwater Horizon oil rig explosion.
    Machine Could Separate Oil and Water in Gulf Spill

    A machine known as the Voraxial Separator uses force to pull apart oil and water that have mixed together and could be helpful in cleaning up the Gulf of Mexico spill.

  • Boone T. Pickens
    Gulf Oil Leak Could Last A Year: T. Boone Pickens

    It's possible that the current oil leaking into the Gulf of Mexico could last a year, said oilman T. Boone Pickins, citing similar leaks.

  • Heavy oil pools along the side of a boom just outside Cat Island in Barataria Bay.
    Imagining the Worst in BP’s Future

    It seems unthinkable, even now, that the disastrous oil spill in the Gulf of Mexico could bring down the mighty BP. But investment bankers get paid to think the unthinkable — and that is just what they are doing. The New York times explains.

  • Contract workers patrol the beach to pick up oil that washed ashore on a public beach on June 2, 2010 in Dauphin Island, Alabama. Oil believed to be from the Deepwater Horizon oil rig accident began to appear yesterday on the shores of Alabama.
    US Confirms Second Gulf Spill—but It's Very Small

    The U.S. Department of Interior said Tuesday that oil has been leaking from a non-BP well into the Gulf of Mexico, but put the size of the leak at less than a barrel a day.

  • Jack Welch
    Obama Managing Crisis 'Horribly': Jack Welch

    The Obama administration has utterly mismanaged the oil spill in the Gulf and has been "horrible" at crisis management, Jack Welch, former CEO of GE, told CNBC.

  • Fire boats battle a fire at the off shore oil rig Deepwater Horizon April 21, 2010 in the Gulf of Mexico off the coast of Louisiana.
    Gulf Spill Is 'Black Swan' Event: Industry Insider

    The oil industry’s foremost authority on reservoir management and upstream technology called the BP oil spill a Black Swan event that, however catastrophic, has the potential to improve drilling practices in particular and the industry in general.

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