BP and the Macondo spill
Subtitle: the complete story
By: Colin Read
Publisher: Palgrave Macmillan
Published: 2011
Place of publication: New York
Language: eng
ISBN-13: 9780230293588
Subjects: BP (Firm); Oil spills
Description: "The complete story of the devastating BP oil spill of 2010. The author puts forward an objective account of what happened, a documentation of the true costs, not the hyperbolic costs, and an explanation of the science and business of the spill and its remediation"--
Notes: Includes index.
Table of contents: title: Machine generated contents note:; title: PART I: HISTORY - A BRIEF HISTORY OF OIL SPILLS; title: -Arabian Gulf; title: -Ixtoc I; title: -Atlantic Empress; title: -Fergana Valley; title: -ABT Summer; title: -Nowruz Field Platform; title: -Catillo de Bellver; title: - Amoco Cadiz; title: - MT Haven; title: -Odyssey; title: - Sea Star; title: - Morris J. Berman; title: - Irenes Serenade; title: - Urquila; title: - Torrey Canyon; title: - Montara; title: PART II: THE INDUSTRY - VARIOUS WAYS TO EXTRACT OIL; title: - where does oil come from?; title: - early extraction and shallow well; title: - offshore drilling; title: - deep sea drilling; title: - the complication of combined oil and gas at pressure; title: - the risks in perspective of drilling, transportation, refining, distribution, and consumption; title: PART III: WHAT HAPPENED - THE MACONDO SPILL; title: - history of the Macondo oil reservoir; title: - events leading up to the fire and spill; title: - partners in the spill; title: - early BP response; title: - U.S. Federal government response; title: - the science of determining the spill rate; title: PART IV: THE MEDIA - FOR ALL THE WORLD TO SEE; title: - the first example of transparency at the ocean's floor; title: - a spill in clear view; title: - the role of the media; title: - an assumption of moral responsibility; title: - the public face of BP; title: - 24 hour news cycle; title: PART V: THE SCIENCE - ENGINEERING A SOLUTION; title: - what went wrong; title: - five contributing factors and their implications; title: - the effectiveness of various solutions; title: - deep sea dispersants; title: - the new phenomenon of subsea plumes; title: - when engineering meets politics; title: PART VI: POLITICS - A PARALLEL POLITICAL AGENDA; title: - a stalled U.S. energy bill; title: - concessions to offshore drilling in return for a filibuster proof energy bill; title: - a moratorium on drilling; title: - finger pointing; title: - Congress extracts a pound of flesh; title: - time to talk tough, heads must role; title: PART VII: BUSINESS - THE MARKET RESPONSE; title: - loss of value of BP stock; title: - exaggerated claims of cost and liability; title: - promise to pay all legitimate claims; title: - the $20B solution; title: - a special master and his scope; title: - talk of bankruptcy, merger and acquisition; title: PART VIII:- THE FIX - CAPPING AND ABATING THE SPILL; title: - a final solution; title: - the cleanup effort; title: - long term effects; title: - direct and indirect costs; title: - the human toll; title: - the effectiveness of compensation; title: PART IX: THE LAW - A COMPLICATED LEGAL LANDMINE; title: - statutory liability; title: - the Jones Act; title: - Who's in charge; title: - new laws in Congress can't be retroactive; title: - maritime oil spill law; title: - shareholder and class action suits; title: PART X: OUR ROLE - THE WORLD'S INSATIABLE NEED FOR ENERGY AND HYDROCARBON BASED FUELS; title: - we are all part of the problem; title: - past consumption; title: - demand from emerging nations; title: - future prospects; title: - all the easy oil has been tapped; title: - the economics of alternatives to hydrocarbons; title: PART XI: - CONCLUSION - WHERE TO GO FROM HERE.