BP Oil Spill in the Gulf of Mexico

An oil spill of 4.9 million barrels, which happened in 2010, created not only turmoil for the environment, but caused the economy to take a great hit from the loss of an important raw material. Transocean were the owners of the oil rig drilling on behalf of BP, who were the ones at fault for the spill. This event caused a stir in both the government and non-governmental organizations, because of the extensive damage that it caused. Federal investigations were put under way to determine the factors that caused the spill and once the investigation was concluded several environmental groups began to target the company to portray them as negligent. BP became the sole recipient of both the government and environmental organizations attacks, therefore requiring them to rethink their social responsibility and be used as an example for future environmental changes. The economy of the United States, as well as the economies throughout the world, depend on the oil and gas industry to be lucrative. This industry provides vital raw materials that help with hundreds of daily products used in daily lives. Companies, like BP, used technology to locate oil and gas under the earth surface. Through science and technology, they have been able to improve the methods in which to locate one of the most important raw materials available. Founded in 1908, BP is one of the world’s leading international oil and gas companies. Their services with oil and gas include providing fuel for transportation, energy for heat and light, lubricants for engines and other petrochemical products that are used to make every day items. BP uses high-end technology and intricate technique to find oil and gas underneath the earth’s surface. Although oilrigs are... ... middle of paper ... ...l, panel finds. (2011, September 14). Retrieved from Cleveland, C. J. (2011, January 16). Deep Water: The Gulf Oil Disaster and the Future of Offshore Drilling Edit Classification Publishing Workflow Featured Settings Delete Content Deep Water: The Gulf Oil Disaster and the Future of Offshore Drilling. Deep Water: The Gulf Oil Disaster and the Future of Offshore Drilling. Retrieved from Osofsky, H. M. (n.d.). Multidimensional Governance and the BP Deepwater Horizon Oil Spill. Schleifstein, M. (2013, September 30). Greater New Orleans. The Times-Picayune. Retrieved from T. (2013). Gulf Oil Spill. Smithsonian Ocean Portal. Retrieved from

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