Four large oil companies announce new spill containment system

    In the aftermath of the BP Gulf spill which happened last April, four oil industry giants today unveiled a new system for containing future spills in the Gulf. Last July ExxonMobil, Shell, Chevron and Conoco/Phillips promised and has since pooled $1 billion in assets to form a new company called The Marine Well Containment Company which will be available for any company in its pool | Read More »

    Interior Secy Salazar won’t end drilling ban in eastern Gulf

    The following information was obtained via conference call with Interior Secretary Ken Salazar and Director of Bureau of Ocean Energy, Management, Regulation and Enforcement (BOEMRE) Michael Bromwich. In a stunning reversal of October’s decision allowing deep water offshore exploration in the eastern Gulf of Mexico and Atlantic seaboard, citing safety concerns, “lack of studies” and federal weaknesses in regulation, Secretary Salazar announced he is rescinding | Read More »

    Macondo Gulf Oil Spill in Perspective

    I’m not sure which man discovered first. Oil or fire. But at some point man discovered he could put oil on a stick, light it on fire, then have warmth, light, and some protection from animals and enemies. Ever since that day man has been dependent on fossil fuels. Yes, the oil spill in the Louisiana Gulf near New Orleans is and will be a | Read More »