• July 18th, 2010

    by Published on July 18th, 2010 09:18 AM
    Categories:
    1. News & Politics

    Over the last few months millions and millions of gallons of oil has been spilling into the Gulf of Mexico at an alarming rate due to a Oil Rig fire. Over the past few days BP has successfully capped the oil well to stop the oil spill. They have been monitoring and testing the cap since it was installed nearly 72 hours ago to see if it will hold under the pressure. This disaster has quickly become one of the worst oil spill in history but has not yet effected gas prices to much within the United States. But as with any disaster we are not quite out of the woods yet as lawmakers and the oil industry is trying to regulate safety measures to insure this doesn't occur again; those cost will probably be passed to the consumers. As for now the oil spill has been contain but for how long? This has been a very costly mistake due to safety measure that we may never know but the industry will never be the same.

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