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It is coming up to the two month mark since a huge explosion occurred on the Deepwater Horizon drilling rig that has ended in 11 lives lost and one of the biggest ecological disasters ever seen. The oil has been flowing almost unchecked straight into the Gulf of Mexico with multiple attempts to plug the hole having failed. It seems ever more likely that we will have to wait for relief wells to be completed sometime in mid August before the oil flow can be stopped. Another month of huge quantities of oil (estimates range from 1000 to 25, 000 barrels per day) spilling uncontrolled into a fragile ecosystem is almost unthinkable and not many commentators have dared to mention the possibility of the relief wells not working. Oil has begun to reach the shoreline of the United States with coastal Wildlife Reserves among the casualties.
The public outcry against this situation has been substantial and with the watchful eyes of the world’s Press recording and analysing every individual element nothing has gone unreported. BP’s (who were operating the rig at the time) Chief Executive Tony Hayward has been vilified by the US public and the US President Barack Obama has come under heavy criticism for how he has handled the crisis. The fallout of this tragedy promises to be protracted, you only have to look at how long the Exxon Valdez claims took to clear up (20 years in the courts) with the financial claims taking much longer than the ecosystem recovery to sort out. Some commentators have predicted this could be the downfall of BP and potentially Barack Obama if he doesn’t play his cards very carefully from now on.