We all remember the BP oil disaster in the Gulf of Mexico, the worst oil spill in U.S. history. What is less well known is that BP is claiming a 9.9 billion tax deduction on the money they had to spend cleaning up their own mess and paying for damages they caused. That is absurd.
Today, President Obama finally met with BP's CEO, Tony Hayward, but the meeting was only scheduled 20 minutes. Call me crazy, but I think it should take more time to discuss an oil spill than it does to get your oil checked.
The Porter Ranch situation is the BP oil spill on land.
There have been more than 30,000 oil wells drilled in the Gulf of Mexico in the last 50 years. This is the first time something like this has ever happened [BP Deepwater Horizon oil spill], and we need to get to the bottom of it, find out what happened, make sure it doesn't happen again. But I think it is very reasonable to continue to drill.
Alabama has made great progress in proving that BP, Halliburton, and Transocean are liable for the devastating effects of the oil spill.
The BP spill was the greatest environmental catastrophe in U.S. history. Yet somehow, gas companies like BP and Halliburton ran interference on reporting that story.
BP wants Twitter to shut down a fake BP account that is mocking the oil company. In response, Twitter wants BP to shut down the oil leak that's ruining the ocean.
He said he "admired our courage" but didn't want to see us do anything to "damage our promising futures." He felt "proud as an American" that we had "exercised our right to peaceful free expression." But if we did it again, he didn't "know what action the state board of education might take against individual students." Translation: You've had your fun. Now sit down, shut up, and take the freakin' test. Or else.
Many people believe the whole catastrophe is the oil we spill, but that gets diluted and eventually disarmed over time. In fact, the oil we don't spill, the oil we collect, refine and use, produces CO2 and other gases that don't get diluted.
For the last 50 years, the federal government has taken out of the Gulf Coast $165 billion in taxes that came from oil and gas off of our coast that went to the federal Treasury, to rebuild all places in America except the place that it came from.
BP had a lease to drill. They did not have a lease to pollute the Gulf of Mexico. They did not have a lease to blow oil into the environment. They did not have a lease to disperse the oil and try to hide the body. They don't have a lease to clean up.
For the sake of our economy, our security, and the future of our planet, I will set a clear goal as President: in ten years, we will finally end our dependence on oil from the Middle East.
It would be nice if we didn't have to drill for oil in the gulf. We have this shallow continental shelf on the west coast of Florida, and it would be a real disaster if we had a major oil spill there. It would be wonderful if we could find some other source of energy.
I feel vulnerable when I have no choice. It segues into every facet of life, whether it's love, work, family, or conservation. Here it is: the whole reason that I started the Ian Somerhalder Foundation was the feeling of complete vulnerability during the BP oil spill.
When BP was not moving fast enough on claims, we told BP to set aside $20 billion in a fund - managed by an independent third party - to help all those whose lives have been turned upside down by the spill.
The climate, financial and national security crises are all connected. They share the same cause: Our [the USA's] absurd dependency on foreign oil. As long as we need to spend billions of dollars each year to buy foreign oil from state-run oil companies in the Persian Gulf, our problems of a trade deficit, a budget deficit and a climate crisis will persist.