BP Oil Spill continues to make headlines for the horrific environmental effects it is having on US coastal states .The whole story has been one riddled with collusion between regulators and oil companies,procrastation and lies by British Petroleum and ineptitude of the Obama administration.There has been constant passing of the buck between the main companies involved\u00a0 –\u00a0 BP and Tranocean on who was to blame for the oil spill.There has been also a blame game with the “oil drilling” regulator being found guilty of lax regulations and its top official resigning.The Obama administration has proven to be as inept\u00a0 as the Bush administration during the Katrina disaster not doing enough quickly enough to contain the Oil Spill.After the “dome” , “pipe” and now the “top kill” approaches,\u00a0 there seems to be still no solution to the Oil Spill.The Government has finally put the whole blame on BP and the Oil Industry\u00a0 washing its hand of its complicity in the Disaster.Here is the whole tragic saga of the entire BP Oil Spill .<\/p>\n
President Obama will pay a visit on Sunday to the scene of the one of biggest oil spills to strike US coastal waters. This visit\u00a0 will come more than a week<\/em> after the BP oil well exploded and is gushing oil in the waters .I can\u2019t think what the President will do after\u00a0 a week since I can\u2019t see his oratory stopping the thousands of barrels of oil from coming out of the well .The only reason I can see for his going is that he trying to\u00a0 damage control after his administration was criticized for doing too little to control damage from this horrific environmental disaster.<\/p><\/blockquote>\n
BP becomes \u201cdesperate\u201d after state pressure mounts to stop the Gulf Oil spill;Flocks of lawyers descend;Human costs Mount<\/a><\/h3>\n
BP is finally waking up from its stupor and looking for help on stopping the oil spilling for its rig in the Gulf of Mexico. While it was doing precious little for the past week , Obama\u2019s visit and state and federal criticism has made it sit up . BP CEO says its an industry problem and asked for help from its rivals in the business.<\/p><\/blockquote>\n
BP Oil Spill Gives another Excuse for the US to delay the climate Bill<\/a><\/h3>\n
The US has been a laggard on the climate change mitigation<\/a> compared to the progressive stances taken by Europe and Japan.Despite strong hopes raised by the election of Obama, the clean energy and climate change have remained on the backburner for the President and his team . While no one doubts that the economic\u00a0 issues need more attention , climate change is equally important.Perhaps more than the health care legislation.With the US being the largest emitter of greenhouse emissions , no one is going to take concrete steps without US participation<\/p><\/blockquote>\n
BP oil spill faces Presidential Commission as \u201cCozy Relationship\u201d between Companies and the Regulator gets highlighted ; BP claims \u201cpartial success\u201d<\/a><\/h3>\n
The Presidential Commission is a welcome development as it might help prevent future disasters which have been a regular occurrence . The Commission will also probe the role of the MMS regulator which has come under fire for not implementing best practices in the industry and led to the retirement of a top official.However I don\u2019t think it won\u2019t lead to much changes in the energy policy where\u00a0 a climate bill contains provisions for \u201coffshore drilling\u201d and \u201cnuclear energy\u201d<\/a> . BP after\u00a0 several unsuccessful attempts has claimed \u201csuccess\u201d through a \u201cquick fix\u201d solution through a mile long suction pipe. Note this just leads to a 20% of\u00a0 the oil spill being sanitized despite 2 weeks of massive public pressure.<\/p><\/blockquote>\n
BP Oil Spill Finally Hits American Coast;Massive Impact on Economy and Environment Expected<\/a><\/h3>\n