Welcome!

Welcome to my current events blog. Here I will be talking about current events happening around the world!

Monday, September 20, 2010

Gulf well permanently plugged, U.S. says

Recap:

This article discusses how the BP oil spill has officially ended as of this morning. This past weekend they poured cement to try to stop oil from spurring out and this morning it was announced that it worked. The articles other focus was the cost of the cleanup and the effect it will have in the long run. Fisherman say it could seriously hurt their business, they believe the waters are clean enough to fish but many people are too scared to buy the fish that are from the gulf. Also it discusses how much BP has invested in the clean-up, BP spilled 206 million gallons of oil and it had cost them 9.5 billion as of Saturday and they have promised another 20 million to pay for the costs of the clean up. CEO Bob Dudley believes it will cost them an estimated 32 billion by the time it's all over. Another topic within the article was the government. Many people believe that Obama did not help with oil spill soon enough and therefore ended up making it worse in the long run.

Opinion:

My opinion on the matter is that it's fantastic that its finally plugged. After 5 months of clean up I'm happy to see that all the efforts actually finished with success. I think it's an unbelievable amount of money that BP had to spend on the clean up, if it ends up costing them 32 billion then it's a huge toll on their company and could hurt them a lot. Another thing is the fisherman, I feel bad for them as they had nothing to do for the past five months, certain men said they helped and BP would pay them for it but it's another major toll on their fishing company. I believe BP is doing the right thing by reimbursing people for their troubles and the federal government for their clean up efforts.

No comments:

Post a Comment