The BP Oil Disaster Presents Problems For Governments And Consumers

While oil giant BP has rightly had to carry the can for the unmitigated environmental disaster that continues to unfold on the shores of the US Gulf of Mexico, BP’s role in the clean-up is just one aspect of the sorry saga that needs to be addressed. Other important issues need answers. Some include just why wasn’t the response of local and federal authorities to the spill more immediate; and what impact will this all have on the future of the oil industry, in particular oil prices and the repercussions for consumers.

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