For All the World to See
Colin Read
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Colin Read: SUNY College
Chapter 17 in BP and the Macondo Spill, 2011, pp 153-159 from Palgrave Macmillan
Abstract:
Abstract Obviously, no oil company can afford the stigma and liability of a major oil spill or explosion. The industry would prefer to pump over 20 billion barrels of crude annually without spilling a drop of oil. Even though four million barrels of oil spilled into the Gulf of Mexico is but 1/4000th of one year’s production, or less than the share of a single drop in a one gallon bucket, such a spill is by no means the proverbial drop in a bucket.102
Keywords: Remotely Operate Vehicle; British Petroleum; Deepwater Horizon; Statutory Limit; American International Group (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30508-3_17
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DOI: 10.1057/9780230305083_17
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