Current Ethical Issues On Oil Spill

1787 words - 8 pages

Current ethical issues on Oil Spill

Today, with the continual and rapidly growing need of energy demand by big nations like United States and China continuing to furnish their domestic consumptions of oil have led to increased prices of gasoline whereby alternative forms of energy production are sought. With this in mind, offshore drilling can be a viable option for satiating the need of oil and also to boost the economy of the nation. In this report, I am going to discuss how the current Deepwater Horizon rig explosion has led to disastrous oil spill into the Gulf of Mexico causing environmental problems and also discuss how the oil spill if resolved and with safe and secure drilling ...view middle of the document...

(“Corporate Profile,” 2010)
Oil drilling is the process of extracting crude oil by drilling through the bottom of the ocean floor where decays of dead plants and animals under high temperature and pressure have formed into crude oil. (“Pros and Cons of Oil Drilling,” 2010) Oil drilling should be allowed in order to lower the fuel prices that will play a significant role in the economic growth of the country. If oil drilling is banned in a particular region, it leads to a situation, whereby the dependence on other countries for oil increases. In simpler words, oil import level increases and consequently, affects the overall country's income. With the development of new technologies, it has been stated that oil drilling can be done without damaging the environment and/or disturbing the plant and animal habitats. Another benefit of oil drilling is that drilling itself and development of land after the process will help in engaging people, thus creating jobs for hundreds of citizens. Overall, oil drilling will improve the economy of the people and the country. (“Pros and Cons of Oil Drilling,” 2010)
One of the major negative impacts of oil drilling is the environmental issue. If oil production rate is higher, then there will be more usage, thus generating more greenhouse gases. It is obvious that the drilling process will disturb the organisms surviving in those areas. The success rate of drilling is also very low, meaning that it may take lots of time and the outcome is unpredictable. Another major issue is offshore drilling; starting from locating to the drilling process, it disturbs the sea environment. While locating oil, the seismic waves and the associated sound affects the sea organisms and another debate is about oil spillage in the seas. (“Pros and Cons of Oil Drilling,” 2010)
The local wildlife affected by the oil spill as portrayed on the wall street journal are illustrated with the following figure. (“Lawmaker Questions Staffing Level Aboard Rig,” 2010)
Figure 1. Showing different species of ocean world being endangered by Gulf Oil Spill.
There can be piles of information for environmental damages and wildlife hazards that can be related to the present oil spill scenario. Millions of barrels of oil spill in the Gulf of Mexico greatly hampers the environmental conservation and critically affects the natural ecosystem. The oil spill has killed many disperse amount of fishes available in the ocean which in turn has affected the livelihood of many fishermen and their families. With all the claims for personal livelihood, business losses around the gulf area, and the environmental cleanup of the Gulf of Mexico, BP took the responsibility for all the claims, which in turn would cost BP an estimated amount of $12.5 billion or more. (“BP oil spill 2010: How much will it cost?” 2010)
I believe it is not the problem that we face but it is the problem that we overcome makes us stronger and gives us faith within. So, it is up to the big...

Other Essays Like Current Ethical Issues on Oil Spill

Oil Spill Exploitation and Marine Pollution

698 words - 3 pages and burning: and high tech such as varying of sophisticated dispersants e.g. giant separators have been remedies used for oil spill cleanup. Oil spill have destroyed a number of marine and terrestrial wildlife species. A terrestrial animal that depends on seafood dies of hunger due to the destruction of marine food by oil spill. Some marine animal that live and breathe in water dies off because of the contamination of water. The first step to

Good Teachers Essay

569 words - 3 pages CURRENT EVENT Troubled Waters By Andrea Delbanco Four and a half months after an explosion deep under the surface of the Gulf of Mexico, the region is still recovering from what President Barack Obama calls the "worst natural disaster in our nation's history." On April 20, one mile below the surface of the Gulf of Mexico, an explosion aboard an oil rig working for the oil company BP rocked the region. The accident killed 11 workers and

Legitimacy Theory and Impression Management in Response to the Gulf of Mexico Oil Spill at Bp Plc

1341 words - 6 pages expectations by using annual reports. Moreover, it also can make a positive effect on stakeholders which has connection with legitimacy. According to above data, it can be seen that the length of annual reports are different before and after the oil spill. BP pays more attention to disclosure environmental responsibility and operates social rules on legitimacy. To improve impression in society, BP promises will to bear all the responsibility and

Bp Marketing Sustainability

4257 words - 18 pages accidental marine oil spill in the history of the petroleum industry. It resulted in the deaths of eleven people and the release of an estimated 210 million gallons of oil into the surrounding environment (On-Scene Coordinator Report). BP controversially responded to the Deepwater Horizon disaster by releasing 1.8 million gallons of the dispersant Corexit into the Gulf of Mexico. Corexit is a chemical compound that can produce adverse health effects for

British Petroleum

2304 words - 10 pages organization has to concentrate on crisis (Doug Simpson, 2010). Ethical mismanagement The oil spill incident in Gulf by British Petroleum is an example that has taken place because of the ethical mismanagement. According to BP, the Gulf spill incident reveals the fundamental equipment failure that is specially designed for preventing the blowout. The oil industry is producing increasingly technologically superior equipments in order to deal with

The Gulf of Mexico Oil Spill

1344 words - 6 pages An unfortunate event occurred at the Gulf of Mexico. It was on April 20, 2010 when a big explosion came about. Which is now known as The Gulf of Mexico Oil Spill. This significant oil spill took eleven peoples life away and injured seventeen others. It also endangered a huge amount of animals, nearly four-hundred of them around the areas of Louisiana, Mississippi, Alabama and also Florida. On April 24th it was revealed that they had found the

Management Planning

1126 words - 5 pages communities in the safety, security, and health. The commitment they have for the community has been documented in the safety, security, health, environmental and product safety policies. All of these are put through the management system. The legal issues that they had been when there was an oil spill in Alaska. It was a major one. It was the Valdez oil spills which happen on March 24, 1989. According to the news it was the lowest point in Exxon Mobil’s

Bp Oil Spill

1151 words - 5 pages current business model in case a spill or leakage occurs. 2. How should BP have handled an external environmental analysis and what environmental changes and trends (opportunities and threats) might they have discovered? BP is one of the biggest oil companies and it has a very strong market and geographical presence around the world (MBAskool.com, 2014). As demands for natural gas and oil increase, the company finds itself in a golden

Prestige Oil Spill

1405 words - 6 pages economic goals or stakeholders but also focus on social and responsibility and ethical issues. In our opinion , every countries concern with this matters should response in different portion but the most legally parties response is the company owner of the Prestige and the oil company because they had took a lot of advantage from avoidance certain regulation which was they should pay for themselves In the same time , the inspectors organization

Marketing

2211 words - 9 pages vary form fuel for transportation, energy for heat and light, all way to lubricants to keep engines running, and the petrochemicals products used to make everyday items as different as paints, clothes and packaging (BP). The first of two key factors that can and have affected the success of BP is one we all probably have heard of the Deepwater Horizon Oil Spill in the Gulf of Mexico in 2010. According National Commission on the BP Deepwater Horizon

Corperate Governance Report Caltex

3879 words - 16 pages Table of Contents Section 1 1 1.1 Company Profile: 2 1.2 Corporate Governance Disclosures, and are they sufficient? 2 1.3 Key issues that may have impacted on the company’s corporate governance performance 3 1.3.1 Glass Ceiling 3 1.3.2 Climate Change 3 1.3.3 Petroleum Accidents 4 1.4 Potential ethical considerations impacting on the company and the industry in which it operates 4 1.4.1 Petroleum Industry 4 1.4.2 Price Fixing

Related Papers

Discussions On Environmental Ethical Issues Essay

853 words - 4 pages In this paper I will discuss the environmental ethical issues. We will go over the issues of the past, current and anticipated future events. I will also talk about climate change, conservation, energy and other important topics. The US is one of only two countries that have not signed up for the Kyoto Protocol. Next to China we are the second largest emitter of carbon dioxide from burning fossil fuels. There is an international issue

Bp Oil Spill Essay

1696 words - 7 pages is much heavier than the Light Louisiana Oil that spewed from the Gulf’s floor bed. The North Slope Heavy Oil is much, for the lack of better terms, stickier than the Light Louisiana Oil making it much more difficult to clean or remove from an environment (Grunwald). On the other hand, the amount of oil that was spilled in Alaska is relatively small in comparison to the BP spill. The Valdez tanker spilled its entire contents, totaling around

Who Is To Blame For The Deepwater Horizon Oil Spill?

1137 words - 5 pages the Deepwater Horizon oil spill, BP not only lacked the remote control acoustic shut off switch mentioned earlier, BP also cut corners on testing cement, misled about its ability to prevent spills in deep water, and overruled crew objections on the day of the explosion. After the explosion, BP also deliberately underestimated the rate of spill. BP always had a reputation of disregarding the environment, this not being the first. On October 25

Bp Oil Spill Essay

1862 words - 8 pages , but expanding that section of the industry may need to be considered. The Deepwater Horizon oil spill of 2010 brings about many controversial issues that do not only involve the cleanup of the spill but also many other topics ranging from tourism on the Gulf Coast to the engineering deepwater oilrigs. This catastrophic disaster has definitely changed lives of millions for the worse, but has served as an eye opener for Americans. Most people