News / USA

    Gulf Oil Spill Puts Critical Spotlight on Industry

    The ongoing oil spill from a sunken rig operated by BP in the Gulf of Mexico has put a harsh spotlight on the oil and gas industry.  The accident has sparked renewed calls for stronger government regulation of energy operations.  The industry continues to have support from both politicians and the general public.

    The ongoing oil spill and the threat it poses to both the ecology and the economies of coastal states could represent, at the very least, a giant public relations problem for the oil and gas industry.  The Obama administration has halted plans to develop new leases in some Gulf and Atlantic coast areas that have been off limits to energy development and some members of Congress are recommending much more stringent regulation of offshore drilling.

    But Sara Banaszak, senior economist with the American Petroleum Institute, says public support for the industry remains strong.

    "In more than one poll that has been conducted nationwide since this incident has occurred, the majority of Americans do still support increased production of oil and gas from offshore," she said.

    That is because, she says, most people, and many politicians, while horrified by the images of oil spilling out over Gulf waters, continue to see economic benefits for the country from producing energy from domestic resources.

    "Not only do we export dollars when we purchase oil and import it, but we export jobs.  So, if we keep economic activity in this country, if we choose to produce the oil and gas we consume in this country, there is a huge economic benefit from having that activity take place here, in terms of jobs," said Banaszak.  "It is not just the person working on the drilling rig, but there is an incredible multiplying effect for the economy," she added.

    But Ken Medlock, an energy expert at the Baker Institute at Rice University here in Houston, says it is probably too early to say what reaction the oil spill will have on public opinion or policy.  He says even here in the Gulf coast region, people are torn by their environmental and economic interests.

    "I remember as a child going and playing in the areas that are potentially going to be affected and to think that that is all going to change more or less overnight is a little bit more than upsetting," said Medlock.  "But, at the same time, we have to understand that, while this is an emotional issue, we rely very heavily on the resources that are developed in the region and we need to really understand what has happened before we have any knee-jerk [spontaneous] policy reactions," he said.

    Medlock says BP is not alone in its struggle with the leaking well; other companies have been offering assistance, both technically and materially. He says everyone in the industry understands that this is a problem not just for one company, but for all of them.

    "It is interesting how quiet the industry has been in terms of any critical thinking on the issue, not just with regard to the blowout itself, but also with regard to how BP is handling it, because, I think, at the end of the day, what everyone is waiting for is the result of an investigation, [to know] what actually happened, because it is hard to be critical until we actually know," said Medlock.

    The BP spill continues to pump about 5,000 barrels of oil a day into the Gulf and company officials are working on a number of plans to stop it.  Ken Medlock says some guide to how bad it could get is provided by the last big rig explosion in the Gulf.  It happened in June of 1979 and involved the Ixtoc rig operated by Mexico's government-owned oil company, PEMEX.

    "Oil was actually was pouring from a marine riser, it was under water, much like this one, for nine months at a rate of 30,000 barrels a day and it eventually slowed to about 10,000 barrels a day and oil eventually reached up to about 150 miles [240 kilometers] of the south Texas coast," he said.  "That is probably the closest example to what is going on right now, that we can look at, and hopefully this does not get that bad," Medlock said.

    The Ixtoc disaster lasted nearly 10 months and put more than 3 million barrels of crude oil into the Gulf of Mexico.  While there was damage to coastal areas in both Mexico and the United States, those areas eventually recovered.  The state of Texas asked Mexico for compensation, but none was ever provided.

    But BP is not a national oil company; it is a private, multi-national company.  It is likely to be liable for billions of dollars in damages, and legal cases stemming from this spill may take decades to fully resolve.

    You May Like

    Video Rubio Looks to Surge in New Hampshire

    Republican presidential candidate has moved into second place in several recent surveys and appears to be gaining ground on longtime frontrunner Donald Trump

    UN Calls for Global Ban on Female Genital Mutilation

    Recent UNICEF report finds at least 200 million girls and women alive today have undergone female genital mutilation in 30 countries

    UN Pilots New Peace Approach in CAR

    Approach launched in northern town of Kaga Bandoro, where former combatants of mainly Muslim Seleka armed group and Christian and animist anti-Balaka movement are being paid to do community work

    This forum has been closed.
    Comments
         
    There are no comments in this forum. Be first and add one

    Featured Videos

    Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
    German Artists to Memorialize Refugees With Life Jacket Exhibiti
    X
    Hamada Elsaram
    February 05, 2016 4:30 PM
    Sold in every kind of shop in some Turkish port towns, life jackets have become a symbol of the refugee crisis that brought a million people to Europe in 2015.  On the shores of Lesbos, Greece, German artists collect discarded life jackets as they prepare an art installation they plan to display in Germany.  For VOA, Hamada Elrasam has this report from Lesbos, Greece.
    Video

    Video German Artists to Memorialize Refugees With Life Jacket Exhibit

    Sold in every kind of shop in some Turkish port towns, life jackets have become a symbol of the refugee crisis that brought a million people to Europe in 2015.  On the shores of Lesbos, Greece, German artists collect discarded life jackets as they prepare an art installation they plan to display in Germany.  For VOA, Hamada Elrasam has this report from Lesbos, Greece.
    Video

    Video E-readers Help Ease Africa's Book Shortage

    Millions of people in Africa can't read, and there's a chronic shortage of books. A non-profit organization called Worldreader is trying to help change all that one e-reader at a time. VOA’s Deborah Block tells us about a girls' school in Nairobi, Kenya where Worldreader is making a difference.
    Video

    Video Genius Lets World Share Its Knowledge

    Inspired by crowdsourcing companies like Wikipedia, Genius allows anyone to edit anything on the web, using its web annotation tool
    Video

    Video Former Drug CEO Martin Shkreli Angers US Lawmakers

    A former U.S. pharmaceutical business executive has angered lawmakers by refusing to explain why he raised the price of a life-saving pill by 5,000 percent. Martin Shkreli was removed from a congressional hearing on Thursday after citing his Fifth Amendment right to stay silent. Zlatica Hoke has more.
    Video

    Video Super Bowl TV Commercials are Super Business for Advertisers

    The Super Bowl, the championship clash between the two top teams in American Football, is the most-watched sporting event of the year, and advertisers are lining up and paying big bucks to get their commercials on the air. In fact, the TV commercials during the Super Bowl have become one of the most anticipated and popular features of the event. VOA's Brian Allen has a sneak peek of what you can expect to see when the big game goes to commercial break, and the real entertainment begins.
    Video

    Video In Philippines, Mixed Feelings About Greater US Military Presence

    In the Philippines, some who will be directly affected by a recent Supreme Court decision clearing the way for more United States troop visits are having mixed reactions.  The increased rotations come at a time when the Philippines is trying to build up its military in the face of growing maritime assertiveness from China.  From Bahile, Palawan on the coast of the South China Sea, Simone Orendain has this story.
    Video

    Video Microcephaly's Connection to Zika: Guilty Until Proven Innocent

    The Zika virus rarely causes problems for the people who get it, but it seems to be having a devastating impact on babies whose mothers are infected with Zika. VOA's Carol Pearson has more.
    Video

    Video Solar Innovation Provides Cheap, Clean Energy to Kenya Residents

    In Kenya, a company called M-Kopa Solar is providing clean energy to more than 300,000 homes across East Africa by allowing customers to "pay-as-you-go" via their cell phones. As Lenny Ruvaga reports from Kangemi, customers pay a small deposit for a solar unit and then pay less than a dollar a day to get clean energy to light up their homes or businesses.
    Video

    Video Stunning Artworks Attract Record Crowds, Thanks to Social Media

    A new exhibit at the oldest art museum in America is shattering attendance records. Thousands of visitors are lining up to see nine giant works of art that have gotten a much-deserved shot of viral marketing. The 150-year-old Smithsonian American Art Museum has never had a response quite like this. VOA's Julie Taboh reports.
    Video

    Video Apprenticeships Put Americans on Path Back to Work

    Trying to get more people into the U.S. workforce, the Obama administration last year announced $175 million in grants towards apprenticeship programs. VOA White House correspondent Aru Pande went inside one training center outside of Washington that has gained national recognition for helping put people on the path to employment.
    Video

    Video New Material May Reduce Concussion Effects

    As the 2016 National Football League season reaches its summit at the Super Bowl this coming Sunday (2/7), scientists are trying to learn how to more effectively protect football players from dangerous and damaging concussions. Researchers at Cardiff and Cambridge Universities say their origami-based material may solve the problem. VOA’s George Putic reports.
    Video

    Video Saudi Arabian Women's Sports Chip Away at Stereotypes

    Saudi Arabian female athletes say that sports are on the front line of busting traditions that quash women’s voices, both locally and internationally. In their hometown of Jeddah, a group of basketball players say that by connecting sports to health issues, they are encouraging women and girls to get out of their homes and participate in public life. VOA’s Heather Murdock reports.
    Video

    Video A Year Later, Fortunes Mixed for Syrians Forging New Lives in Berlin

    In April of last year, VOA followed the progress of six young Syrian refugees -- four brothers and their two friends -- as they made their way from Libya to Italy by boat, and eventually to Germany. Reporter Henry Ridgwell caught up with the refugees again in Berlin, as they struggle to forge new lives amid the turmoil of Europe's refugee crisis.
    Video

    Video Zika Virus May be Hard to Stop

    With the Zika virus spreading rapidly, the World Health Organization Monday declared Zika a global health emergency. As Alberto Pimienta reports, for many governments and experts, the worst is yet to come.