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industry 16 articles

Tourism in Gulf Coast states already taking a hit from oil spill

As the Deepwater Horizon oil slick looms in the Gulf of Mexico about 50 miles south of the Louisiana, Mississippi, Alabama, and Northwest Florida coasts, the area’s tourism industry has already felt an enormous impact. Except for parts of Louisiana by the Mississippi River Delta, no oil has washed ashore in the threatened area, but already the hotels are swamped with reservation postponements and cancellations, sport fishing and scuba diving boats sit idly in marinas, and hundreds of restaurants and shops are burdened by empty tables and vacant aisles. Some Pensacola, Florida, business owners say that all of the negative ... Read More

BP's 'willfull misconduct' key to full compensation for oil spill damages

BP CEO Tony Hayward has said that his company will pay for all “legitimate” damages caused by the Deepwater Horizon oil spill, but those expenses are impossible to calculate as the site continues to spew more than 200,000 gallons of crude into the Gulf of Mexico every day. As the costs escalate, both the White House and Congress are taking measures to ensure that BP adequately compensates for the economic damage that is bound to occur in the volatile communities along the Gulf Coast and possibly beyond. In BP’s favor is a mere $75-million cap on liability for oil-spill damages ... Read More

Is the Gulf oil leak the result of deliberate negligence?

With more than 700 oil rigs in the Gulf of Mexico sucking fuel from the beneath the sea bed, many people might think it was just a matter of time before something catastrophic happened. Something like a blowout from a riser pipe a mile below the surface and a resulting gush of oil that can’t be stopped for weeks. Considering the astonishing number of offshore oil platforms along our southern coastline, you might think that safety would come first and that oil companies would put enough redundant systems in place to make a disaster such as the Deepwater Horizon accident ... Read More

Feds eye Halliburton as investigations of Gulf oil disaster move forward

With federal investigations into the sinking of the Deepwater Horizon underway, more and more attention is being shifted to Halliburton, the oil-services corporation hired by British Petroleum (BP) to cement the wellhead from which hundreds of thousands of crude oil are spouting every day. According to a Wall Street Journal report, Halliburton workers had completed filling the gap between the pipe and the sides of the drill hole with cement and had started plugging the well temporarily when a blowout explosion likely occurred. Investigators haven’t determined whether Halliburton completed the cementing when the blast occurred. According to the Wall Street Journal, ... Read More

BP Oil leak approaches Louisiana coast, containment efforts escalate

David Kennedy of the National Oceanic and Atmospheric Administration told the Associated Press that the massive oil leak in the Gulf of Mexico is “of grave concern” to him. “I am frightened. This is a very, very big thing. And the efforts that are going to be required to do anything about it, especially if it continues on, are just mind-boggling.” Long stretches of the crude oil have been creeping north from the leak, situated about 50 miles south of Venice, Louisiana and a mile under the surface after the Deepwater Horizon oil rig exploded and sank last week. The ... Read More

Wife of Chicago construction worker killed on job sues

The wife of an ironworker killed while working on a water reclamation project has filed a wrongful death lawsuit seeking unspecified damages in excess of $50,000, according to a report in the Chicago Tribune. According to the Tribune, Jose Meza was operating a skid steer loader, a small, highly maneuverable vehicle with lift arms and interchangeable attachments, when his body harness became entangled with the machine. Meza was thrown to the ground and crushed to death when the machine rolled on top of him. The incident occurred in November of last year while Meza was working on a construction project at ... Read More