Latest news: September 16, 2011
Analysis: BP oil spill report may prompt $30 billion pay-out
By Tom Bergin, Reuters. September 16, 2011.
“Findings of the second major investigation by the U.S. government into the 2010 Gulf of Mexico oil spill, may press BP into putting over $30 billion on the table to quickly settle its outstanding legal headaches…”
Floating island going in at Isle de Jean Charles
By Mike Nixon, Tri-Parish Times (Houma, La.). September 16, 2011.
“One of the hardest hit communities in Terrebonne Parish in terms of loss of coastal marshland over the decades has been Isle de Jean Charles. Now the community of approximately 230 people on a small finger of land between Bayou Terrebonne and Bayou Pointe-aux-Chenes will be the first in the nation to have an innovative effort implemented next week to address coastal restoration…”
Will the Latest Gulf of Mexico Spill Report Prompt Any Legislative Action?
By Katie Howell, Greenwire. September 15, 2011.
“The latest probe into last year’s Gulf of Mexico blowout and oil spill — a federal report that blames much of the disaster on poor management decisions by BP PLC — has elicited strong but varied responses on Capitol Hill, but its chances of prompting immediate legislative action remain slim…”
Spill sanctions may be costly to 3 companies
By Jennifer A. Dlouhy, Houston Chronicle. September 15, 2011.
“WASHINGTON – The federal government is poised to seek sanctions against BP, Transocean and Halliburton for alleged violations tied to the Deepwater Horizon disaster as soon as next week, the nation’s top offshore drilling regulator said Thursday…”
Checking In On Gulf On Heels Of BP Spill Report
Interview conducted by Neal Conan, National Public Radio. September 15, 2011.
“A government report has found BP responsible for the 2010 oil spill in the Gulf of Mexico. In the months since the accident, drilling has returned to near-normal levels and many local residents say life has largely returned to normal. Environmental scientist Ed Overton shares an update on the health of the Gulf…”