Apr 30: At a  press conference on the current economic conditions, President Obama delivered  an update on the worsening conditions at what may develop to be the largest U.S  oil spill ever [See WIMS  4/26/10]. The Gulf of Mexico BP oil spill, leaking 5,000  barrels of oils per day, is beginning to come ashore in Louisiana and is  nearing the coast of Mississippi, Alabama and the panhandle of Florida. Winds  blowing from south to north, which are expected to last all weekend, are making  the situation worse.  
     President  Obama said, "I have dispatched the Secretaries of Interior and Homeland  Security, as well as the Administrator of the EPA, my Assistant for Energy and  Climate Change Policy, and the NOAA Administrator to the Gulf Coast to ensure  that we continue to do everything necessary to respond to this event. And I  expect their reports from the ground today.      "As I said yesterday, BP is ultimately  responsible under the law for paying the costs of response and cleanup  operations, but we are fully prepared to meet our responsibilities to any and  all affected communities. And that's why we've been working closely with  state and local authorities since the day of the explosion. There are now  five staging areas to protect sensitive shorelines; approximately 1,900 federal  response personnel are in the area; and more than 300 response vessels and  aircraft on the scene 24/7. We've also laid approximately 217,000 feet of  protective boom, and there are more on the way.
     "I've order Secretary Salazar to  conduct a thorough review of this incident and report back to me in 30 days on  what, if any, additional precautions and technologies should be required to  prevent accidents like this from happening again. And we're going to make  sure that any leases going forward have those safeguards. We've also  dispatched teams to the Gulf to inspect all deepwater rigs and platforms to  address safety concerns.
     "So, let me be clear. I continue  to believe that domestic oil production is an important part of our overall  strategy for energy security, but I've always said it must be done responsibly,  for the safety of our workers and our environment. The local economies and  livelihoods of the people of the Gulf Coast as well as the ecology of the region  are at stake. And we're going to continue to update the American people on  the situation in the Gulf going forward."
       According to an April 30, update from the unified command a comprehensive oil well intervention and  spill-response plan continues following the April 22 sinking of the Transocean  Deepwater Horizon drilling rig 130 miles southeast of New  Orleans. Nearly 2,000 personnel are involved in the  response effort with additional resources being mobilized as needed. The Federal  government has been fully engaged in the response since the incident occurred  April 20. The Minerals  Management Service remains in contact with all oil and gas operators in the  sheen area. Currently, no production has been curtailed as a result of the  response effort.
   
  
     Incident Facts include: More than 217,000 feet of boom (barrier)  has been assigned to contain the spill.  An additional 305,760 feet is  available; To date,  the oil spill response team has recovered 20,313 barrels (853,146 gallons) of an  oil-water mix and are continuing recovery operations; 75 response vessels are being used  including skimmers, tugs, barges and recovery vessels; 139,459 gallons of dispersant have been  deployed and an additional 51,000 gallons are available; Five staging areas are in place and ready  to protect sensitive shorelines -- Biloxi, MS, Pensacola, FL,  Venice, LA, Pascagoula, MS, and Theodore, AL; A  sixth staging area is being set up in Port Sulphur, LA;  Weather conditions for  April 30 - Winds from the southeast at 20 knots, 5 - 7 seas with slight chance  of Friday afternoon showers; 126 people were on the Deepwater Horizon drilling rig when the incident  occurred; 11 remain unaccounted for; 17 were injured, 3 of them critically;  1 injured person remains in the hospital.
  
     In  further Congressional developments, Representative Edward Markey (D-MA) sent a  formal notice to the heads of America's top five oil companies requesting them  to appear soon before his Select Committee on Energy Independence and Global  Warming. The exact date and time of the hearing will  be announced soon. Representative Markey  said, "From the health of our economy to the health of our  environment, it's time for the American public to hear from the oil companies.  Their opinions and answers on the issues of energy policy are vital given the  push in Congress to construct a comprehensive energy independence strategy for  our nation."
  
     Markey indicated in a  release that the Gulf of Mexico oil spill, which is now leaking at a rate of  5,000 barrels of oil per day, could by next week exceed the size of the Santa  Barbara oil spill of 1969. This accident follows the release of thousands of  miles of coastline by the Obama administration for potential new offshore  drilling. Meanwhile, Markey indicated that gas and oil  prices have continued to rise, even as American families and businesses are  beginning to recover from a recession. The average price of gasoline has now  crept towards three dollars, averaging nearly $2.90 per gallon, an increase of  about 85 cents compared to this time last year.
  
     Markey said, "Four dollar  gasoline helped break our economy's back. And now, just as we are starting a  recovery, the price of gas is creeping back towards three dollars, threatening  the budgets of families and small businesses across the nation. We need to craft  a comprehensive strategy that protects consumers, and our nation's oil companies  must join us in that effort."
  
     Markey also indicated  that oil profits are also up for the top five oil companies -- Exxon Mobil,  BP, ConocoPhillips, Shell and Chevron. Exxon Mobil reported a quarterly profit  increase of 38 percent, or $6.3 billion. BP, which owns the sunken rig, reported  a first quarter net profit of $6.08 billion, an increase of 137 percent.  ConocoPhillips reported increased earnings of $2.1 billion for the first  quarter. Shell announced profits of $4.8 billion, rising by 60 percent. Chevron  will announce its earnings report April 30. 
  
     On April 28,  Representative Henry Waxman (D-CA), Chair of the House Energy & Commerce  Committee, and Oversight and Investigations Subcommittee Chairman Bart Stupak  (D-MI) sent letters to BP America and Transocean Ltd., the two companies  involved in the explosion and oil spill. The Committee is investigating the  adequacy of the companies' risk management and emergency response plans for  accidental oil and gas releases at the Deepwater Horizon drilling rig and other  offshore deep water or ultra-deep water drilling facilities. The Committee has  requested that the companies provide a number of documents and plans by May 14, 2010, and to advise the  Committee by May 4, as to whether they will comply with the request on a  voluntary basis [See WIMS  4/28/10].   
     In an April  29 letter to President Obama, Florida Democratic Senator Bill Nelson said,  ". . .if the spill continues for a month it may be nearly as large as the Exxon  Valdez. If the crude leaking from the well starts washing ashore in the coming  days, it may be an environmental and economic disaster that wreaks havoc for  commercial fishing and tourism along the Gulf of Mexico coast. . . I'm asking  that you also call for an immediate halt to test wells and all other exploratory  operations in coastal waters. Such a pause should remain in effect pending the  outcome of federal investigations into the cause of this incident and the  identification of ways to prevent something similar fro happening again. .  ."
  
     Nelson's letter indicates  that the Interior Department (DOI) in 2000 issued an alert calling for "reliable  backup systems" in the event of a rig blowout. He said a decision was made in  2003 not to call for the "additional line of defense" and he has requested the  DOI Inspector General to investigate the matter.
  
     The  Senate Energy and Natural Resources Committee, Chaired by Senator Jeff Bingaman  (D-NM) with Ranking Member Lisa Murkowski (R-AK), which has jurisdiction over  offshore energy development, will hold a hearing May 6 to review current issues  related to offshore oil and natural gas development, including the Department of  the Interior's recent five-year planning announcements and the accident in the  Gulf of Mexico. Interior Secretary Ken Salazar will testify.