Tuesday, May 4, 2010
Gulf of Mexico Oil Spill 2010
Website: http://personalmoneystore.com/moneyblog/2010/04/26/oil-spill-gulf-of-mexico/
Summary:
In April 2010 an underwater oil wells pipes burst off the coast of Louisiana and has spread to cover more than 1,800 square miles and still spreading. The leak started because of the Transocean Deepwater Horizon, a giant offshore drilling rig that exploded and sank last week. They are unsure about how many gallons of oil a day is being spilled Everyday is different but they do believe that as everyday goes by that more and more oil is leaking out. It could be up to 800,000 gallons a day. The Well is about a mile underwater and about 50 miles from the Coast of Louisiana. The Government and locals worry that it will hit the coasts and destroy living creatures and whatever gets in its path. The Company who was drilling the oil takes full responsibility for what is happening and assures that they will clean up the mess. In Louisiana fishermen have to put their fishing gear away and put up their boats because of the oil spill. Sea turtles and birds are dying, washing up onshore because of this disaster. They are trying everything they can to stop the spill from spreading, they are using flotation tubes to keep the spill from spreading, and they have robot subs on the spill to try and stop the leak.
Opinion:
I do not have much of an opinion because they are doing what they can to try and stop the spill and get it under control. They are using the equipment that they have but they still do not have the oil leak stopped. Oil is still spilling out through the pipe. A man said on the news that the equipment that they have to try and stop this spill is the same as going big game hunting with a pellet gun. This is a very bad time for the coasts that the oil is striking because fishermen depend on the waters and the fish in it for income but if this spill continues then they can not fish which means no money can come into their pockets. I think they are doing all they can to stop the spill.
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