THE horrific on-going disaster caused by oil spewing out from British Petroleum’s (BP) well in the Gulf of Mexico is going from bad to worse, showing little signs of abating. It is already by far the biggest oil spill in the US and rapidly becoming one of the worst man-made environmental disasters in the US if not the world. The oil slick is spreading by the day and threatening new areas. The federal government has banned fishing in more than 37 per cent of the US part of the Gulf of Mexico, double the area under a fishing ban imposed mid-May.BP is responding in a manner typical of large multinational corporations (MNCs), especially oil companies, trying to minimise the damage while spending as little money as possible, evading legal liability, and treating the whole episode as primarily a public relations issue.
BP is once again showing that Big Oil is the dirtiest of businesses, in more ways than one.
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