Oil Prices Crash as the BP Deepwater Horizon Disaster Turns 10
Rising Up With Sonali.
April 21, 2020
Download: mp3 (Duration: 27:22 — 25.1MB)
FEATURING ANTONIA JUHASZ – On April 20, 2010, an explosion on the Deepwater Horizon offshore drilling rig off the US’s Gulf Coast killed 11 crewmembers and caused the largest marine oil spill in history. The rig was leased by the transnational oil company BP and the explosion was linked to a combination of corporate negligence and lax federal government oversight. After spending tens of billions of dollars in clean up around the Louisiana coastline has the industry and government learned the right lessons?
The Deepwater Horizon anniversary also comes at a historic moment for the oil and gas sector as the economic fallout of the coronavirus pandemic led to fossil fuel prices plummeting to negative values this week.
Antonia Juhasz, leading energy analyst, author, and investigative journalist. She is an award-winning writer who has contributed to Newsweek, Rolling Stone, Harper’s Magazine, The Atlantic, CNN.com, The Nation, Ms., The Advocate, and more. She is the author of three books: Black Tide (2011), The Tyranny of Oil (2008), and The Bush Agenda (2006).