US reaction to sealing of BP oil well

clock • 2 min read

BP's disastrous Gulf of Mexico oil well was permanently sealed yesterday, finishing what was the worst offshore oil spill in US history.

The disaster, which took the lives of 11 oil workers, caused widespread anger in the US, with most of the fury focused on London-based BP. US President Barack Obama, who has seen himself and his administration also come under pressure, was one of the most outspoken critics of BP. Many argue his continued references to 'British Petroleum' and use of terms such as ‘reckless' only inflamed an already perilous situation. Now the Macondo well has been sealed, here is a look at the reaction of the US press. Houston Chronicle The disaster caused an environmental and economic nightmare ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on US

Trump's tariff tumult to partly return as concerns of US recession mount
US

Trump's tariff tumult to partly return as concerns of US recession mount

EU retaliation expected

Sorin Dojan
clock 20 May 2025 • 2 min read
Investors less bearish in May as recession fears recede
US

Investors less bearish in May as recession fears recede

BofA Global Fund Manager Survey

Sorin Dojan
clock 14 May 2025 • 2 min read
Impact of Trump's policies on US economy 'highly uncertain' as Fed hold rates steady
US

Impact of Trump's policies on US economy 'highly uncertain' as Fed hold rates steady

Inflation still above Fed's target

Sorin Dojan
clock 08 May 2025 • 2 min read
Trustpilot