Disasters

"The Gulf of Mexico oil spill could grow even more disastrous if the looming hurricane season churns up towering black waves and blasts beaches and crowded cities with oil-soaked gusts, experts warned."

"President Obama put his weight today behind legislative efforts to lift liability caps for oil spills."
 

"Federal investigators are likely to file criminal charges against at least one of the companies involved in the Gulf of Mexico spill, raising the prospects of significantly higher penalties than a current $75 million cap on civil liability, legal experts say."

"A House energy panel investigation has found that the blowout preventer that failed to stop a huge oil spill in the Gulf of Mexico had a dead battery in its control pod, leaks in its hydraulic system, a "useless" test version of a key component and a cutting tool that wasn't strong enough to shear through steel joints in the well pipe and stop the flow of oil."

"As the companies involved in the construction, leasing and operation of the Deepwater Horizon oil rig try to pin blame on one another for the explosion and subsequent spill, the litigation resulting from the spill in the Gulf of Mexico also keeps getting messier."

At a Senate hearing, executives of the oil-industry firms involved in the Gulf spill all agreed that the disaster was somebody else's fault.

"Powerful puffs of natural gas, called kicks, are a normal occurrence in many deep-ocean drilling operations. But one intense kick of natural gas caused the Deepwater Horizon drilling rig to be shut down because of the fear of an explosion just weeks before a similar release succeeded in destroying and sinking the platform and sent millions of gallons of oil on a collision course with Louisiana and the rest of the northern coast of the Gulf of Mexico."

"The sinking of the Deepwater Horizon drilling rig, which triggered the spill spewing oil into the Gulf of Mexico, caught the energy world by surprise. The operator, Transocean Ltd., is a giant in the brave new world of drilling for oil in deep waters far offshore. It had been honored by regulators for its safety record. The very day of the blast on the rig, executives were aboard celebrating its seven straight years free of serious accidents."

"When the Deepwater Horizon rig exploded and oil started gushing into the Gulf of Mexico, neither the oil companies nor their watchdogs in the Interior Department were ready."

"The oil industry, not the federal agency that regulates it, plays a crucial role in writing the safety and environmental rules for offshore drilling, a role that critics say reflects cozy ties between an industry and its regulators that need to be snapped."