Deepwater Horizons BP Oil Spill: 5 Years Later Problems Linger

April 21, 2015 4:47 PM

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Deepwater Horizons BP Oil Spill: 5 Years Later Problems Linger

In the midst of 2010 Deepwater Horizon oil spill, President Barack Obama’s administration declared a six-month moratorium on deepwater oil drilling. The spill was one of the country’s most devastating environmental disasters, and the freeze was intended to give the federal government time to assess what safety measures it had in place. But the moratorium passed, and drilling quickly resumed.

Now, five years later, offshore oil drilling is more frequent and is done to even greater depth. Since the BP spill, the federal government has approved more than 20 ultra-deepwater drilling expeditions, according to the Associated Press. Environmental activists say not enough has changed in the way...

Also read: Europe must find way to grow even when rates rise: ECB's Coeure

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