Despite Latest BP Spill Ruling, Deepwater Drilling in the Gulf Still Worth It

89.3 WRKF Baton Rouge | By Amy Jeffries

Published September 12, 2014 at 5:31 AM CDT

BP was to blame — that was U.S. District Judge CarlBarbier’sruling a week ago in the case over theMacondowell disaster. The judge foundTransocean, which was operating theDeepwaterHorizon rig in 2010, and cement contractorHaliburtonat fault too. ButBarbiersaid BP was guilty of “gross negligence”. And that could mean that payouts by BP balloon to $50 billion or more ultimately.

Dr. Jim Richardson, professor of public administration and economics at LSU explains some of the business implications.

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Amy Jeffries

Amy started her career in public radio at WNPR in Hartford, CT more than a decade ago. NPR flew her in to Baton Rouge to help WRKF cover the aftermath of Hurricane Katrina while she was still based in the North. Here she found her journalistic calling.

Despite Latest BP Spill Ruling, Deepwater Drilling in the Gulf Still Worth It

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