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Crisis In The Gulf: The 2010 Oil Spill

  • 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 Wednesday, 4 Aug 2010 | 5:00 PM ET

    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.

  • Track The Spill's Progress Friday, 30 Jul 2010 | 11:15 AM ET

    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.

  • Tamminen: Gulf Spill Disaster Could Spell End of BP Monday, 7 Jun 2010 | 9:50 AM ET
    Oil blobs wash ashore in Pensacola, Florida.

    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.

  • Offshore Oil Disaster Could Boost New-Age Biofuels Tuesday, 11 May 2010 | 12:24 PM ET
    Crisis in the Gulf

    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.

  • Political Patience Wanes as Gulf Oil Spill Grows Wednesday, 12 May 2010 | 8:48 AM ET

    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 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.

  • Lift Six-Month Shallow Water Drilling Ban: Congressman Friday, 28 May 2010 | 11:02 AM ET
    Rep. Charles Boustany

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

  • Timeline of the Gulf of Mexico Oil Spill Friday, 30 Jul 2010 | 11:02 AM ET

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

  • Could 'Sham Wow' for Oil Help Gulf Clean Up? Tuesday, 1 Jun 2010 | 7:07 PM ET
    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.'

    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.

  • Scenes From Protests Over The BP Oil Spill Thursday, 3 Jun 2010 | 3:38 PM ET

    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.

  • Fury at BP Turns Into Protests and Vandalism Friday, 4 Jun 2010 | 6:10 AM ET
    Simulated oil splatter on a BP gas station sign in Manhattan, New York.

    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.

  • Not Just for Horses: Hay Could Soak Up Gulf Oil Friday, 4 Jun 2010 | 3:34 PM ET
    Daryl Carpenter demonstrates how ordinary hay can be used to remove oil from water.

    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.

  • Newest Challenge for Oil Rigs: Getting Financing Friday, 4 Jun 2010 | 3:54 PM ET
    off shore oil rig

    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.

  • Machine Could Separate Oil and Water in Gulf Spill Monday, 7 Jun 2010 | 5:01 PM ET
    Offshore supply vessels assist and observe the worksite of the Deepwater Horizon oil rig explosion.

    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.

  • Gulf Oil Leak Could Last A Year: T. Boone Pickens Monday, 7 Jun 2010 | 6:02 PM ET
    Boone T. 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.

  • Imagining the Worst in BP’s Future Tuesday, 8 Jun 2010 | 10:20 AM ET
    Heavy oil pools along the side of a boom just outside Cat Island in Barataria Bay.

    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.

  • US Confirms Second Gulf Spill—but It's Very Small Wednesday, 9 Jun 2010 | 12:38 AM ET
    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.

    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.

  • Obama Managing Crisis 'Horribly': Jack Welch Wednesday, 16 Jun 2010 | 10:57 AM ET
    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.

  • Gulf Spill Is 'Black Swan' Event: Industry Insider Wednesday, 9 Jun 2010 | 1:12 PM ET
    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.

    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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