Friday, January 27, 2017

The Deepwater Horizon Oil Spill of 2010



In 2010, our planet experienced the biggest and most dreadful oil spill in history due to the recklessness of the huge oil company, BP, and the drilling company, Transocean. The ecological and economic impacts have actually been far-reaching and serious, and are still felt today.

If the Deepwater Horizon oil spill or any other disaster caused by oil business has or is still affecting you, your house, or your organization, it's important to have actually experienced personal injury lawyers on your side, such as the lawyers at The Price Law Firm in Panama City, to get you the compensation you should have.

The Deepwater Horizon Explosion


The reason for this massive oil spill was the explosion of the Deepwater Horizon, an oil rig that was operated by drilling business Transocean, which was employed to drill for BP. The explosion happened on April 20, 2010, killing 11 employees and injuring 17 more.

The surge led to the sinking of the Deepwater Horizon and a huge fire. 2 days later, it was found that oil was dripping from the site at the disconcerting rate of 8,000 barrels each day and showed no indications of slowing or stopping. This leakage would become the biggest ecological disaster in United States history.

After further investigation, it was found that the explosion was triggered by six main factors that could have been prevented. In fact, simply hours before the explosion, the drilling company overlooked devices readings that showed gas bubbling into the well, which could show an upcoming blowout.

Instead of taking appropriate action and erring on the side of care, BP and Transocean decided to continue drilling as usual to prevent lost time. As we now know, this was a devastating mistake. The carelessness of these companies led to the Deepwater Horizon oil spill, which affected a huge stretch of the Gulf Coast. If your organization has actually been affected by these business' mistakes, the personal injury legal representatives at The Price Law Firm in Panama City can assist you recover your financial losses and your life due to an oil spill.

The Deepwater Horizon Oil Spill


Once the oil started to spill into the Gulf of Mexico, it was not successfully declared stopped till September 19, 2010, almost 5 whole months after the surge. Even so, more investigation into the website in 2012 produced reports that there was still leakage.

Not only were the business involved careless and careless when they caused the explosion, however they were inefficient and sluggish to correct their mistake, triggering a lot more damage to the Gulf Coast's environment, wildlife, occupants, and entrepreneur.

In total, the closest estimate of the quantity of oil spilled was 4.9 million barrels, or 210 million gallons. It affected 68,000 square miles of ocean, consisting of 1,074 miles of shoreline along the Gulf Coast. This is a location roughly equal to the size of Oklahoma.

This ecological catastrophe could have been prevented. Some leading managers on website throughout the surge were charged with murder due to gross carelessness. BP has been required to pay large amounts into funds that were planned to help those affected by the spill. However, justice has actually been slow and incomplete.

Do not let these greedy companies get away with their criminal offenses against the planet and humanity! People all along the Gulf Coast have been impacted, and are still experiencing the monetary problems brought on by this oil spill to this day.

Hire an Personal Injury Lawyer in Panama City to Manage Your Oil Spill Claim


Whether you're an angler, a tourist company owner, a real estate investor, a resident on the coast, or have been affected in any other way, experienced accident attorneys at The Price Law Firm in Panama City are standing by to fight for you! We will make sure these companies pay you for the losses you have actually experienced due to their misbehavior.

If you or anybody you understand have been impacted by an oil spill, call The Price Law Firm in Panama City today at 850.215.2195 or fill out our online form for a free consultation!