Last year, VIX jumped up in the aftermath of the Deepwater Horizon oil spill, but its largest single-day spike was 24%.
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In 2010, President Obama appointed Mr. Reilly Co-Chair of the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling.
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The Deepwater Horizon oil spill has left behind more than environmental damage.
After the Deepwater Horizon oil spill which started with an explosion on April 20, many throughout the industry are trying to assign blame.
That is why, on Friday, I signed an executive order establishing the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling.
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The Deepwater Horizon oil spill has been estimated at anywhere between 5, 000 and 100, 000 barrels of oil pouring into the Gulf of Mexico each day.
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This was ultimately uncovered in the disastrous Deepwater Horizon oil spill, and BP was unmasked as reckless in its pursuit of oil and safety standards.
The Deepwater Horizon Oil Spill began in the Gulf of Mexico on April 20th with a drilling rig explosion that killed eleven platform workers and injured seventeen others.
Executive Order 13554 recognized the Gulf Coast as a national treasure and addressed the longstanding ecological decline of that region, which was compounded by the Deepwater Horizon Oil Spill.
WHITEHOUSE: Executive Order -- Gulf Coast Ecosystem Restoration
With the Deepwater Horizon oil spill still saturating the sea weeks after the leak sprung, we also looked at an array of innovative solutions for cleaning up the catastrophe.
Joe Co. against Transocean over the Deepwater Horizon oil spill back to state court, raising the odds the drilling company will be dragged into litigation it was hoping to avoid.
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At the end of June, President Obama announced that Richard Lazarus would serve as executive director of the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling.
At the same time, we have implemented comprehensive reforms in the wake of the Deepwater Horizon oil spill in the Gulf of Mexico that has made offshore development safer and more responsible.
After the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, the Interior Department instituted a drilling moratorium that injected a great deal of delay and uncertainty into the drilling permitting process.
Despite the enormous advance in knowledge about the many threats to the ocean, the greatest problem facing us now with respect to the Deepwater Horizon oil spill is ignorance, and with it, complacency.
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The Administrator of EPA is hereby directed to revise Subpart G of the National Oil and Hazardous Substances Pollution Contingency Plan to reflect the designations for the Deepwater Horizon Oil Spill discussed in this section.
WHITEHOUSE: Executive Order -- Gulf Coast Ecosystem Restoration
In its filing, the U.S. Government made clear that it does not oppose the settlement reached by BP and the PSC resolving economic loss and property damage claims stemming from the Deepwater Horizon oil spill.
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Shortly after the Deepwater Horizon oil spill in the Gulf of Mexico in the Spring of 2010, Italian coastal communities and local politicians mounted an offensive on offshore drilling, fearing a similar event in the Mediterranean.
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Washington (CNN) -- A former BP engineer has been charged with destroying 200-plus text messages about the Deepwater Horizon oil spill, including one concluding that the undersea gusher was far worse than reported at the time.
With the Deepwater Horizon oil spill now moving into its second month and no immediate end in sight, BP is ( see WSJ story today) attempting to throw Transocean under the bus as responsible for the disaster.
In response to the Deepwater Horizon oil spill currently affecting the Gulf of Mexico, Hanesbrands has agreed to donate roughly 50, 000 pairs of pantyhose to various nonprofits as a part of the effort to address the oil spill.
After the 2010 Deepwater Horizon oil spill, the Justice Department leaked that it had opened a criminal probe at exactly the time the Obama White House was demanding BP suspend its dividend and cough up billions for an extralegal claims fund.
Today, Fort Pickens appears best known for the pristine-white beaches, campgrounds and great fishing that surround it attractions locals are fervently hoping will lure vacationers back after last year's Deepwater Horizon oil spill kept many away from the Gulf Coast's famous beaches.
Executive Order 13554 of October 5, 2010, was issued after the blowout and explosion of the mobile offshore drilling unit Deepwater Horizon that occurred on April 20, 2010, and resulted in the largest oil spill in U.S. history (Deepwater Horizon Oil Spill).
WHITEHOUSE: Executive Order -- Gulf Coast Ecosystem Restoration
While BP is on the receiving end of a deluge of bad press in the wake of the Deepwater Horizon oil spill, and with so much risk built into Europe right now, fellow U.S. supermajors whose valuations and yields have improved may be better plays right now.
The letter from Fred Bartlit Jr. to the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling said that tests in February on a cement slurry similar to what was used on the Macondo well showed instability -- and that both companies had the data.
Ongoing Role of the Natural Resource Damage Assessment Trustee Council. (a) Executive Order 13554 recognized the role of the Trustee Council, and designated trustees as provided in 33 U.S.C. 2706, with trusteeship over natural resources injured, lost, or destroyed as a result of the Deepwater Horizon Oil Spill.
WHITEHOUSE: Executive Order -- Gulf Coast Ecosystem Restoration
The RESTORE Act, which was signed into law as part of the Moving Ahead for Progress in the 21st Century Act (Public Law 112-141), established a mechanism for providing funding to the Gulf region to restore ecosystems and rebuild local economies damaged by the Deepwater Horizon Oil Spill.
WHITEHOUSE: Executive Order -- Gulf Coast Ecosystem Restoration
Specifically, Executive Order 13554 recognized the importance of carefully coordinating the work of the Task Force with the Trustee Council, whose members have statutory responsibility to assess natural resources damages from the Deepwater Horizon Oil Spill, to restore trust resources, and seek compensation for lost use of those trust resources.
WHITEHOUSE: Executive Order -- Gulf Coast Ecosystem Restoration
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