Oil prices jump yet again as BP profits more than double
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Oil prices jump yet again as BP profits more than double
While BP claims it's doing everything in its power to keep prices affordable for consumers, environmental groups are horrified by the large profits the company has turned over amid the conflict in the Middle East.
3 weeks ago
BP Oil Spill
A look back at the devastating BP oil spill
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How the BP oil spill hurt Gulf Coast wildlife and livelihoods
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On April 20, 2010, the Deepwater Horizon oil rig exploded in the Gulf of Mexico, 41 miles off the Louisiana coast. The explosion killed 11 workers and injured 17 others. But the disaster was just beginning. The wellhead, nearly a mile underwater, ruptured. BP's blowout preventer failed completely. For 87 consecutive days, crude oil gushed uncontrollably into the Gulf at a rate of up to 53,000 barrels per day. By the time it was finally capped on July 15, 2010, approximately 4.9 million barrels—r
0:26
On April 20, 2010, the Deepwater Horizon oil rig exploded in the Gulf of Mexico, 41 miles off the Louisiana coast. The explosion killed 11 workers and injured 17 others. But the disaster was just beginning. The wellhead, nearly a mile underwater, ruptured. BP's blowout preventer failed completely. For 87 consecutive days, crude oil gushed uncontrollably into the Gulf at a rate of up to 53,000 barrels per day. By the time it was finally capped on July 15, 2010, approximately 4.9 million barrels—r
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Oil prices jump yet again as BP profits more than double
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