Regulation can be capitalism’s best friend

Strong regulators are good for business
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Errant oil boom doing more harm than good in La.’s marshes

BAY JIMMY, La.– Time and tides are helping to take a toll on Louisiana’s sensitive marshes, which are dealing with not just an onslaught from oil, but also damage from the boom meant to protect it. “With the tide, it’s just been taken back up here in the marsh,” said Plaquemines Parish Coastal Zone Management Director P.J. Hahn. “So, you can see how much damage it’s doing being left behind out …
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Gulf Oil Spill: Oil Lingering In Waters Off Alabama, Mississippi And Florida

A good deal of oil remains in the shallow waters closest to the beaches in Mississippi, Alabama and Florida, according to a federal team using shovels and snorkeling gear to survey the coastline for submerged oil.
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Gulf oil spill estimated at 4.4 million barrels

Researchers weighed in on the controversial question of how much oil poured into the Gulf of Mexico during the BP Plc spill and said the total amount was around 4.4 million barrels
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Scientists give fresh estimate of Gulf oil spill

Researchers weighed in on the controversial question of how much oil poured into the Gulf of Mexico during the BP Plc spill and said on Thursday the total amount was around 4.4 million barrels.
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BP oil spill: ’4.4m barrels’ leaked into Gulf of Mexico, according to independent study

The first independent study of the BP Gulf of Mexico spill has calculated that 4.4m barrels of oil were spilled before the well was capped.
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Gulf oil spill’s vastness confirmed: Largest marine oil accident ever

In the first independent paper on the volume of the Gulf oil spill, scientists have affirmed heightened estimates of what is now seen as the largest marine oil accident ever. Using a new technique to analyze underwater video of the well riser, they say it leaked 56,000-68,000 barrels daily — maybe more — until it was capped. Their estimate of total oil escaped into the ocean is 4.4 million …
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Gulf Oil Spill 10 Times Size of Exxon Valdez, Study Confirms

A seafloor experiment designed to monitor deep-sea vents turned into the perfect tool for gauging the amount of oil that escaped the Macondo Well into the Gulf of Mexico during the Deepwater Horizon disaster.
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Oil spill: Coast Guard asks Chitra to pay Rs2.5cr

Indian Coast Guard today asked the owner of vessel MSC Chitra to cough up Rs 2.5 crore for the operations carried out to contain oil spill damage caused by the ship after it collided with another merchant vessel.
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Oil spill: Coast Guard asks MSC Chitra to pay Rs 2.5 cr

The two merchant vessels, MSC Chitra and MV Khalijia III, had collided off the Mumbai harbour on August 7 causing huge oil spill.
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