BP Oil Spill in the Gulf of Mexico

The Deep Horizon oil spill The Deep-water horizon oil spill is one of the largest oil spills in history. The spill occurred due to several factors including system failure and human error. The spill not only affected the wildlife and economy of the gulf but the entire United States as goods and service that were once available were no longer available. As a result of the oil spill Bp was forced to pay billions of dollars to restore the damages that they have caused. In addition, the oil and gas industry have changes there practices and are working with the government under new laws and regulation to prevent a future oil spill.

Works Cited “Effects of Oil Spills on marine Life.” Oceana.org. 2012. Web. 2 Mar 2014. “Effects of Oil Spills.” ITOPF.com.

University of Oxford, 29 July 2010. Web. 18 Nov. 2013. . National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling (January 2011). "Deep Water: The Gulf Oil Disaster and the Future of Offshore Drilling".

Published 9 July, 2013. Retrieved 1 June, 2014. http://www.pbs.org/newshour/rundown/gulf-oil-spill-by-the-numbers/. “Environmental Effects of Oil Spills on Marine Ecosystems.” Ports and Maritime Organization. Updated 2013. Retrieved 2 June, 2014 http://bushehrport.pmo.ir/en/maritimeenvironment/coastalmarine.

Rather, a complex and interlinked series of mechanical failures, human judgments, engineering design, operational implementation and team interfaces came together to allow the initiation and escalation of the accident. Multiple companies, work teams and circumstances were involved over time (BP Internal Investigation Team). From that one explosion, seventeen people were injured and eleven people were missing and eventually pronounced dead (BP Oil Spill Timeline). Owing to the fact that the enormity of this oil spill did not only leave casualties, but also affected the world in many ways soon to come such as environmentally, economically, and politically. Two days after the catastrophe, On April 22nd, the first signs of oil in the water were documented.

Thousand Oaks: Sage Publications,2010. Credo Reference. Web. 11 November 2013. "Offshore Oil Drilling (Gulf Oil Spill)."

Like it or not, Americans are completely dependent on oil. It is found in almost every aspect of everyday life, considering it can generate heat, drive machinery, fuel vehicles, and airplanes. Due to the high demand, the United States alone burns through 18.83 million barrels of oil per day, according to the U.S. Energy Information Administration. Changing our nation’s fuel reliant ways is nearly impossible, so there is no option but to stay defenseless to the soaring prices. The United States needs is a policy that increases, domestic energy production.

(2010). The Gulf of Mexico Oil Spill by the Numbers. The Daily Green. Retrieved February 16, 2012, from http://www.thedailygreen.com/environmental-news/latest/gulf-of-mexico-oil-spill-facts. Jervis, R. & Jones, C. (2010).

What bp teaches us about ethics, risk, and business management. Corporate Finance and Review, 15 (2), 38. Kinver, M. (2011, April, 19). BP oil spill: The environmental impact one year later. BBC News.

BBC News. Retrieved from http://www.bbc.co.uk/news/business-10757751 BP oil disaster (2012, February 8). BBC News. Retrieved from http://www.bbc.co.uk/news/special_reports/oil_disaster/ Kroh, K., & Conathan, M. (2012, April 19). The Lasting Impact of Deepwater Horizon: Five Reasons We Can’t Forget About the BP Oil Spill.