Oil

In a new study, a team of scientists says there’s a definite link between the massive BP oil spill in 2010 and a record number of dolphin deaths along the northern Gulf of Mexico.

The scientists said large numbers of dead bottlenose dolphins found stranded along shores since the spill suffered from lung and adrenal lesions caused by swimming in oil-contaminated seas.

The research paper backs up previous findings linking dolphin deaths to the oil spill.

On April 20, 2010, a wellhead a mile below the surface of the Gulf of Mexico exploded, killing 11 workers aboard the Deepwater Horizon oil platform.

In the subsequent leak, more than 200 million gallons of oil spilled out. On the Gulf’s surface, the oil covered up to 68-thousand square miles – an area roughly equal to the size of Florida.

Five years after the BP oil spill, the environmental impacts are still being felt.

According to a report released Monday by the National Wildlife Federation, animals such as dolphins were found dead at four times the historic rates in 2014. The group believes the oil spill may be to blame.

"Bottle-nosed dolphins in the places most-affected by the Deepwater Horizon oil spill are very sick, their pregnancies are failing, and they're dying in large numbers," said Ryan Fikes, a restoration scientist with the National Wildlife Federation.

Update at 7:35 p.m. ET: The Senate voted against completing the Keystone pipeline.

The remaining portion of the Keystone pipeline project, if completed, will be fewer than 1,200 miles long — just a fraction of the existing 2.6 million miles of oil and gas pipelines running beneath our feet in the United States.

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Venezuela’s economic woes just won’t quit. Its currency recently hit an all-time low with black market traders. Now the South American country has to ration food – and, believe it or not, import oil.

Venezuela has the world’s largest oil reserves. But it produces mostly thick, heavy crude that has to be mixed with lighter oil to make it usable. Problem is, Venezuela’s seriously mismanaged state-run oil industry isn’t pumping enough light crude. So this weekend the country will receive its first ever shipment of foreign oil: two million barrels from Algeria.

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What do Miss Universe and Miami Herald South America correspondent Jim Wyss have in common? Not a heck of a lot physically. But quite a bit symbolically: Left-wing Venezuelan President Nicolás Maduro would have liked to use both of them recently to distract voters from his so-far disastrous administration.

Forty years ago this week, the U.S. was hit by an oil shock that reverberates until this day.

Arab oil producers cut off exports to the U.S. to protest American military support for Israel in its 1973 war with Egypt and Syria. This brought soaring gas prices and long lines at filling stations, and it contributed to a major economic downturn in the U.S.

The embargo made the U.S. feel heavily dependent on Middle Eastern oil, which in turn led the U.S. to focus on instability in that region, which has since included multiple wars and other U.S. military interventions.

In a New Orleans courtroom this week, BP and the federal government are arguing over how much oil gushed into the Gulf of Mexico after the Deepwater Horizon explosion in 2010.

Oil flowed from the out-of-control well for nearly three months. Just how much oil spilled will be key in determining the amount BP will have to pay in federal fines and penalties.

As Venezuela's president, Hugo Chavez thought in grandiose terms, and his country's vast oil riches enabled him to act on his vision. But Chavez died before he had to deal with the flaws in his model, and some hard choices await his successor.

Key to Chavez's notion of "21st Century Socialism" was the redistribution of Venezuela's oil earnings. The country's oil reserves — estimated by the Organization of Petroleum Exporting Countries to be the largest in the world — are worth tens of billions of dollars a year in potential revenue.

Another Oil Rig Fire In The Gulf

Nov 16, 2012
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Two years after the Deepwater Horizon oil spill in the Gulf of Mexico, another oil rig has caught fire in the Gulf just off the Louisiana shore today.

According to the Associated Press,

Coast Guard officials say an oil rig has exploded off the coast of Louisiana, sending four people to hospitals. Two are believed to be missing.