Tag Archives: BP

Latest BP Oil Spill News

President Obama put the smack down on BP the other day, saying the company would put $20 billion in a fund that would go to those affected by the Gulf oil spill. BP won’t have to cough up all the money at once to prevent a panic among investors. But, investors got bad news as BP announced it would not pay any dividends for the rest of 2010. There was a payment scheduled for June 21 which was for about $2.6 million which has since been cancelled. The oil continues to flow out of the broken rig. Scientists have estimated … Continue reading →

People Begin Boycotting BP

Posted on by

The anger about the BP Gulf oil spill and the amount of time it has taken to come up with a solution to stop the gushing oil as well as clean up what has already been released is mounting. There are Boycott BP groups on Facebook (one has almost 500,000 fans) as well as a picture, which I suspect has been tampered with, of a BP pump sign that says not to leave the pump unattended because you are responsible for spills. Has anyone ever seen that sign at a real gas pump? Still, it shows that people are angry … Continue reading →

World Oceans Day

Posted on by

Ironically enough, today is World Oceans Day. Given the BP situation in the Gulf, it seems that we are more aware of the ocean than ever before, but that doesn’t make it a good thing, World Oceans Day was proposed by Canada at the Earth Summit in Rio de Janeiro, Brazil in 1992. Countries celebrated June 8th as World Oceans Day, but it wasn’t until last year when the United Nations finally made it official. Each year, the World Ocean Network, a worldwide organization to promote ocean sustainability, and The Ocean Project, a network of organizations to promote ocean education, … Continue reading →

Statistics for the Gulf Oil Spill

Posted on by

The other day, I noted that most of the Hollywood elite are ignoring the oil spill in the Gulf. Here are a few statistics about the oil spill that might surprise you: How many men died in the explosion that started this leak? Eleven and lest they be forgotten, here are their names: Jason C. Anderson, Aaron Dale Burkeen, Donald Clark, Stephen Ray Curtis, Roy Wyatt Kemp, Karl D. Kleppinger Jr., Gordon L. Jones, Keith Blair Manuel, Dewey A. Revette, Shane M. Roshto, and Adam Weise. All but three were fathers. (USA Today) How much oil is leaking each day? … Continue reading →

Celebs on the Gulf Coast Oil Spill

Posted on by

Celebrities are often the first ones to speak up and act after a disaster. Remember gun wielding Sean Penn rescuing people in New Orleans after Hurricane Katrina? How about Wyclef Jean raising money after the Haiti earthquake? But, they don’t seem quite as vocal about the Gulf Coast oil disaster. So far, there are no telethons, although God love him, Kevin Costner thinks he has a solution with his oil-separation technology, which, last I heard, BP is still investigating. Director James Cameron met with scientists and officials from the Environmental Protection Agency (EPA). He hoped some technology used in The … Continue reading →

BP Tries to Stop Gulf of Mexico Oil Spill

Posted on by

As you probably know, the Gulf of Mexico is a mess. An offshore drilling rig exploded on April 20th, killing eleven workers and spilling oil into the sea, to the tune of an estimated 5,000 barrels a day. Regardless that some say the oil leakage is actually more, there is still the issue of how to clean it up the over 4 million gallons of oil. BP, the majority owner of the rig, has reportedly been spending about $7 million a day to try to contain the oil spill. But, the company’s efforts have still been criticized by many, including … Continue reading →