Video has been released of the oil leak that‘s still gushing, and I mean GUSHING a mile beneath the surface of the Gulf of Mexico. This is the main oil leak on the ocean floor that is the cause of the environmental disaster emerging over the entire Gulf region. It is one of the two leaks from the Deepwater Horizon well that has resulted in millions of gallons of oil being dumped into the Gulf of Mexico so far. Until this video was released, most of what we‘ve seen are images of oil slicks on the surface of the water, but BP released this video apparently under pressure from federal officials. The Deepwater Horizon‘s rig sunk on the ocean floor about 40 miles off the coast of Louisiana. And they still don't know how to stop it! Keep this company away from the Arctic National Wildlife Refuge in Alaska! Do not allow them into environmentally sensitive areas like the Atlantic Frontier or the foothills of the Andes. This will likely go down as the worst environmental disaster in history. It's pretty obvious that big oil had no disaster plan ready to enact. Very sad.
According to information learned watching TRMS; the company that owns the rig, Transocean, is based in Switzerland. The company that leased the rig and is trying to clean up the mess is, as we know, BP. “B” as in Britain. They‘re headquartered in London. These offshore rigs are technically ships since they can move around. So, even though they‘re "anchored" on water, they have to be flagged as if they are ocean-going sea vessels. That means they have to say what country they‘re coming from. Guess where this Swiss rig leased by a British company to drill American oil is flagged? The Marshall Islands! Why does this giant oil rig from the flag of this tiny, totally unrelated country? Because the Marshall Islands have lax maritime regulations. Apparently, where you‘re flagged isn‘t just a matter of what sort of taxes you pay, it‘s a matter of what sort of safety regulations you are held to. The U.S. Coast Guard, which goes around inspecting vessels in U.S. waters for obvious reasons, inspects foreign-flagged rigs a little differently. Nah, we don't need regulations or any kind of worldwide standard, do we?