Bp logo oil 8

BP crisis

By njulmj
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    BP Crisis

  • President Obama announced that he was opening new areas in U.S. coastal waters to offshore drilling for gas and oil

  • Paltform explosion

    Paltform explosion

  • Oil leak discoverd

  • BP begins live underwater video broadcasts of the leak

    BP begins live underwater video broadcasts of the leak

    Flow Rate Technical Group established for "scientifically validated information about the amount of oil flowing from BP s leaking oil well." The average daily oil collection rates is 2,000 barrels a day.

  • BP agrees to fund a $20 billion escrow account

  • leak stopped by capping the gushing wellhead

  • The oil appeared to have dissipated more rapidly than expected.

  • BP claimed the government overestimated the size of the spill by between 20% and 50%.

  • the U.S. federal government sued BP

  • U.S. offshore drilling measure fails

  • U.S. offshore drilling rules moving ahead

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