The great thing about presidential commissions is that they can soberly consider complicated matters and then offer unvarnished reports on what to do. The tough part is when that information rockets around Washington, as occurred after a White House commission issued its final report on the BP disaster in the Gulf of Mexico.
from Reuters Investigates:
Two graphs tell an apparently conflicting story: analysts forecast a steady recovery in BP's dividends, but its valuation remains weak. Tom Bergin's close look at the potential costs facing BP as a result of its Gulf of Mexico oil spill helps explain the latter, but less so the former.
The oil is no longer gushing into the Gulf of Mexico from the broken BP well, and a final “bottom kill” is in prospect — though delayed by an iffy weather forecast. That means the environment’s on the mend along the Gulf Coast, right?
from Tales from the Trail:
Oil caused the mess in the Gulf of Mexico. Should U.S. oil royalties pay for scientists to study what happened, and what's still happening, to this complex environment?
from The Great Debate UK:
-Kees Willemse is professor of off-shore engineering, Delft University. The opinions expressed are his own.-
Does BP’s now-familiar yellow-and-green sunflower logo need an update? Joe Daley thinks so. As the founder of a website that acts as a clearinghouse for logo designers around the world, Daley reckons the British oil giant’s corporate icon should reflect the spreading oil spill in the Gulf of Mexico. So Daley’s launched an online contest to find an appropriate replacement logo.
Louisiana walruses? Seals swimming along the Gulf Coast?
These creatures normally live in the Arctic Ocean, not the Gulf of Mexico, but they’re listed as “sensitive biological resources” that could be affected by an oil spill in the area in a document filed by BP last June with the U.S. Minerals Management Service. More than a month after BP’s Deepwater Horizon rig blew out and sank on April 20, the British oil giant’s regional spill response plan drew some severe criticism from the watchdog group Public Employees for Environmental Responsibility.