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

Four Graphs explaining US small-caps
US

Four Graphs explaining US small-caps

Four experts write

Investment Week
clock 09 April 2024 • 4 min read
US labour market continues to show resilience with 303,000 jobs added in March
US

US labour market continues to show resilience with 303,000 jobs added in March

Unemployment rate at 3.8%

Valeria Martinez
clock 05 April 2024 • 2 min read
JP Morgan AM's Karen Ward: Investors should not 'trade' the US election
US

JP Morgan AM's Karen Ward: Investors should not 'trade' the US election

Focus on policy impact on inflation

Valeria Martinez
clock 14 March 2024 • 2 min read
Trustpilot