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Author Question: The 2010 Deepwater Horizon oil spill in the Gulf of Mexico was the largest environmental disaster in ... (Read 154 times)

kshipps

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The 2010 Deepwater Horizon oil spill in the Gulf of Mexico was the largest environmental disaster in North American history. It was brought on in part by new technology allowing development of oil and gas reserves in deep water. Given the scope of the spill, why do companies take a risk of such a disaster given the scope of the litigation following the disaster?
◦ They didn't care about the risk, they just drove forward.
◦ They just assume their lawyers can win any lawsuit, regardless of the disaster.
◦ The oil and gas industry is poor at assessing risk, and didn't understand the risk.
◦ The potential profit is so large from a major oil find that the companies take the risk, try to use all cautions to minimize risk, but sometimes fail.


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Marked as best answer by kshipps on Feb 28, 2020

Christopher

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kshipps

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Reply 2 on: Feb 28, 2020
Great answer, keep it coming :)


abro1885

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Reply 3 on: Yesterday
Excellent

 

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