MedicalConspiracies- Oil STILL washing ashore ONE YEAR after BP capped the Gulf spill

Oil Still Washing Ashore One Year After BP Capped the Gulf Spill Wall St. Cheat Sheet By Emily Knapp It's been a year since BP (NYSE:BP) stopped the flow of its damaged Macondo well in the Gulf of Mexico and crude oil is still washing ashore. As of July 9, roughly 491 miles of Louisiana, Mississippi, Alabama and Florida coastline were ... See all stories on this topic » Oil Still Washing Ashore One Year After BP Capped the Gulf Spill By Emily Knapp July 17 2011 It’s been a year since BP stopped the flow of its damaged Macondo well in the Gulf of Mexico and crude oil is still washing ashore. As of July 9, roughly 491 miles of Louisiana, Mississippi, Alabama and Florida coastline were contaminated by BP oil, slightly less than half of the total number of miles oiled since the the U.S.’s worst offshore spill began. Estimates have 4.9 million barrels of oil spilled into the Gulf after the Deepwater Horizon (NYSE:RIG) drilling rig exploded on April 20, 2010. It wasn’t until July 15, 2010 — almost three months after oil first began flowing freely into the ocean — that BP was able to cap the flow. While Tim Zink, a spokesman for the National Oceanic and Atmospheric Administration characterizes current oiling as having a light sheen with tar balls of all shapes and sizes, compared to heavy and moderate oiling experienced in the past, a recent Louisiana survey found that 5 miles of beaches and 8 miles of marsh were still heavily oiled. And on July 15 of this year, BP chose to announce that it has so improved Gulf drilling operating standards that they exceed U.S. regulatory requirements. “BP’s commitment in the wake of the Deepwater Horizon (NYSE:RIG) incident is not only to restore the economic and environmental conditions among the affected areas of the Gulf Coast, but also to apply what we have learned to improve the way we operate,” said Chief Executive Officer Bob Dudley. The fact that BP shares remain about 30% below their pre-spill price might also have something to do with it. Of course, nothing can reverse the effects of BP’s (NYSE:BP) negligence that led to last year’s disastrous oil spill. Eleven workers were killed and seventeen were injured when the $385 million rig exploded, with the spill shutting down thousands of square miles of fishing grounds for months and killing off scores of local wildlife. Seafood coming from the Gulf wasn’t officially declared safe by the government until March 4, 2011.

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