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Share via Email This article is over 5 years old BP has agreed to plead guilty to charges involving deaths of 11 workers on the rig. The temporary order bans BP from competing for new oil leases in the Gulf of Mexico — such as the auction of 20m acres taking place on Wednesday — or from bidding on new contracts to supply the Pentagon or other government agencies with fuel.
While the ban does not affect existing business, it raises wider questions about the company's future in a crucial market. The Bp oil spill thesis statement of suspension imposed by the EPA typically does not last more than 18 months. But an official said that in this case the ban could be extended because of the ongoing legal proceedings.
That could mean BP, the largest oil producer in the Gulf of Mexico, would remain under an extended moratorium until all criminal charges and law suits are resolved.
BP was clearly taken by surprise and struggled to explain the impact on its business. The finance director of the London-based oil group warned investors at a recent presentation that any outright ban could "affect BP's investment thesis in the US".
The oil company, in announcing its plea deal with the Justice Department earlier this month, had specifically said it did not expect to be barred from future business dealings. The announcement went on to describe the oil spill as the "largest environmental disaster in US history".
It said BP would remain under suspension, and barred from new federal government contracts and transactions, until the company can demonstrate that it meets federal business standards.
Suspensions are a standard practice when a responsibility question is raised by action in a criminal case," the EPA announcement said. The agency gave no further details about the duration of the suspension, and the potential costs to BP were not immediately clear.
In its response, BP said the ban would not affect existing business. The press release also noted that BP had been granted more than 50 new leases in the Gulf of Mexico since the oil disaster.
We do not know how long the ban will last, but I suspect that it will be lifted after a sufficient grace period has passed. Wednesday's move by the EPA presents an additional complication.
Meanwhile, two BP rig supervisors appeared in a New Orleans court on Wednesday to be formally charged with manslaughter in the deaths of 11 workers aboard the rig.
The supervisors, Donald Vidrine and Robert Kaluza, are accused of ignoring abnormal pressure readings seen as a red flag of a well blow-out. Kaluza told reporters just before his hearing that he was innocent of the charges. But I did not cause the tragedy," he told reporters at the court.
All three men were expected to plead not guilty. The EPA action was positively received by a number of key players, including former senator Bob Graham, who had chaired the White House oil spill commission.
Bp oil spill research paper thesis November 18, Bp oil spill research paper thesis No Comments Full essay about back talking thomas de quincy essays on friendship human trafficking research papers buckminster fullerene synthesis essay. Search Results. Who Is To Blame For The Deepwater Horizon Oil Spill? On April 20th, , methane gas from an underwater well at the Gulf of Mexico shot up under high pressure and out of the drill, expanded and then exploded, causing Oil Spill Research Paper Writing Help Buy Custom Made Research Papers on Oil Spill All of us learnt not to cry over spilt milk, but an oil spill is something that makes nations of the world cry.
And the longer the prohibition, the greater the consequences," Graham told the Guardian. He went on to praise the Obama administration for holding the oil company to account. Campaign groups also applauded the move by the EPA. But the Oceana conservation group said the tough line from the Obama administration was undercut by its decision to go ahead with new lease sales in the Gulf of Mexico on Wednesday.
But he went on:If we consider that a thesis must be a statement that reasonable people may disagree with and a position substantiated with credible evidence, this thesis is problematic because no one will disagree with the date the oil spill occurred and because the claim that the oil spill was the largest man-made disaster in U.S.
history is unsubstantiated.
Bp oil spill thesis statement. The Deepwater Horizon Oil Spill, which thesis statement for oil spill also referred to as the Gulf of Mexico Oil. Today is May 24, and still oil is spilling at a rapid rate of 5, gallons a day. Remember that a thesis is a position that you are setting out to argue.
The thesis ends by stating in a conclusion that BP, during the oil spill crisis, has used all the different responses strategies within crisis communication. However, the response strategies were.
The BP oil spill was gushing in late May when LSU graduate student Xuan Chen found himself on an Alabama beach collecting acrobat ants. Chen was one in an army of scientists probing an urgent.
BP Deepwater Horizon Oil Spill. page paper on BP Deepwater Horizon Oil Spill. What safety failure in this accident and what the safety process management that were missing this accident?
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