BP to invest over $40 billion in Gulf of Mexico oil drilling, beginning with the 6,800 foot 'Galapagos deepwater wells' ›

Two years after the Deepwater Horizon oil well explosion in 2010, BP will begin (with Obama’s approval) to accelerate drilling operations in even deeper waters off U.S. shores. BP, a foreign company, is the largest lease holder of U.S. oil and gas in the Gulf of Mexico. They’re investing over $40 billion over the next ten years in exploitation additional oil exploration, atop billions already invested in wells.

More at Rigzone. Follow Climate Adaptation.

#bp  #deepwater horizon  #oil  #gas  #energy  #drilling  #obama  #gulf of mexico  
∞  06/15/12 at 12:31pm
60 notes
  1. equalitywatch reblogged this from climateadaptation
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  3. snarkysturgeon reblogged this from ragingbitchfest and added:
    oh my god are you shitting me fucking BP
  4. ragingbitchfest reblogged this from pallas-athena and added:
    Obama’s environmental record has been pretty shitty. Thanks for letting these people fuck over the planet, B.
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  17. truth-has-a-liberal-bias reblogged this from climateadaptation
  18. mountaingoatsyellinglikehumans reblogged this from reagan-was-a-horrible-president and added:
    Sure, cover the place where we traced the history of our role in the ecosystem in crude oil.
  19. corporationindustry reblogged this from reagan-was-a-horrible-president
  20. careful-with-that-blog-eugene reblogged this from reagan-was-a-horrible-president
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  29. anthrosquirrel reblogged this from climateadaptation
  30. astheshadowslovethecastle reblogged this from climateadaptation
  31. thepete reblogged this from climateadaptation and added:
    Because it doesn’t really matter what party, ethnicity or man
  32. spiriteagle reblogged this from climateadaptation
  33. leahclaire reblogged this from climateadaptation and added:
    WHAT. OH HELL NO. THEY HAVE LITERALLY LEARNED NOTHING FROM THEIR MISTAKES.
  34. fatalieann reblogged this from climateadaptation and added:
    Fuck BP
  35. pauliorra reblogged this from climateadaptation and added:
    Wow, first the immigrants and now this. Looks like Obama is trying to cater to both sides of the political spectrum.