In the wake of a record settlement of $4.5 billion between BP Oil and the U.S. Government, another oil rig has exploded in the Gulf of Mexico – killing at least one person. This most recent oil rig explosion shines a new spotlight on the oil industry, while reminding the public of just how dangers Gulf oil exploration can be.
Yesterday, an oil rig operated by Black Elk Energy exploded in the Gulf of Mexico, killing 1 person and injuring dozens others. Published reports indicate that many of the injured have been airlifted to local hospitals in Louisiana for treatment. There are currently 2 people reported missing as a result of the explosion.
The explosion was thought to have been caused by a contractor who may have cut the wrong line with a torch, but the exact reason for the explosion has not yet been determined. It comes at a time of reflection for the oil industry, as oil giant has agreed to pay a $4.5 billion settlement to the government. Many analysts have called this settlement a “down payment,” even as the sum itself it being hailed as a record setting settlement.