Posts Tagged ‘the Gulf’
The BP Oil Spill largest Ever!
Sunday, May 30th, 2010
British Petroleum or BP as the company has now officially changed its name to, is responsible for the worst spill in history. History, not just in the United States. While there are other supposedly larger spills that have occurred in the past such as the Ixtoc I oil spill in Mexico which spewed some 3,000,000 barrels of oil into the Gulf of Mexico over a 9 month period. That’s right, while some government estimates and certainly BP’s attempt to lie to and mislead the public by stating that its well was only spewing an estimated 5,000 barrels of oil a day into the Gulf, in fact the total was and is still much higher.
Even at lower government estimates of 19,000 barrels a day, at 40 days the BP oil spill would total some 760,000 barrels of oil and it is still spewing oil. Other official scientific estimates place the amount much higher at an estimated 25,000 barrels of oil a day which at 40 days would be about 1,000,000 barrels of oil have leaked into the gulf thus far—BP’s oil spill will become the worst in history and the consequences are certain to be tragic on a global scale.
The travesty with this disaster, besides the fact that it happened, is that it was not an accident. Certainly BP did not intend to blow up its own well but the company was pushing to get the project back on schedule and took a series of shortcuts that undermined safety procedures and practices in the drilling industry such as using a weaker casing material design and not testing at appropriate times for back pressure among other breakdowns in safety protocol. These conscious decisions to forego safety practices mean that the BP oil spill is not an accident.
Furthermore, and perhaps even more ludicrous, is that the company has spent an enormous amount of money on high dollar public relations firms, television and radio commercials, and other public relations messages and efforts in an attempt to protect its brand—not to mention the fake workers that the company hired and bused in during President Obama’s visit to the region. Rather than paying for Washington lobbies, high cost public relations firms and marketing and advertising efforts BP should just starting paying local groups in the region to help with the clean-up effort. Additionally, and even more of a travesty, the company wasted the first three weeks of the spill attempting to capture the oil coming out of BP’s underwater oil spill rather than attempting to shut the well down completely.
The economic implications and stimulus to do so are clear. It is certain that BP was attempting to salvage not only some revenue from its blowout well but to also keep some of the well structure intact so that it could go back and re-monetize its operations once it got the oil spill back under control. BP is one of the most unethical and dishonest corporations currently in existence considering its long history of safety violations that have already killed other people such as the Texas BP Refinery explosion. And the oil is still leaking.
Tags: accident, amount, attempt, bp, bp lies, bp oil spill, bp's oil spill, British, british petroleum, business ethics, company, conscious decisions, crisis management, day, deepwater horizon, drilling industry, fact, global scale, government, government estimates, gulf of mexico, history, ixtoc, largest oil spill, material design, Mexico, oil, oil industry, paper on bp, petroleum industry, President Obama, public relations firms, public relations messages, radio commercials, region, risk management, safety, safety practices, safety procedures, safety protocol, spill, the bp spill, the Gulf, travesty, United States, Washington, well, worst oil spill
Posted in Uncategorized | No Comments »
Petroleum Industry Papers
Monday, April 26th, 2010
The petroleum industry is rife with instances of corruption, mismanagement and unsafe practices in the field. The recent oil rig explosion in the Gulf of Mexico is a good case in point. The Coast Guard and other officials do not yet know why the oil rig, The Deepwater Horizon, exploded but, interestingly enough it was operated by British Petroleum or BP which was also responsible for the refinery in Texas City, Texas in 2005. While these are clearly two separate and unique incidents they are indicative of both the inherent danger in the petroleum industry as well as the hubris that can seep into large conglomerates and their operations in the industry. The topic of BP’s oil rig explosion, sinking, and subsequent drill leakage is one that many business programs will assign for project management courses, operations classes, ethics classes, as well as crisis management programs for their research papers, essays, and dissertations.
Tags: bp, british petroleum, business programs, business schools, Case, case in point, City, Coast, conglomerates, corruption, crisis management, crisis management essays, Deepwater, essays and dissertations, ethics papers, explosion, field, Guard, gulf of mexico, Horizon, hubris, industry, management, management programs, Mexico, mismanagement, oil, oil rig, oil rig explosion, operations, petroleum, petroleum industry, point, project management, project management courses, project management term papers, research papers essays, rig, safety, Texas, texas oil refinery explosion, the Gulf, unsafe practices
Posted in Uncategorized | No Comments »
