- Either that or it just doesn’t care. Reuters is reporting that oil rigs drilling “ultra-deep” wells have hit historic highs – with more than 80 rigs now drilling at depths of 7,500 feet or more. The likes of BP, Chevron, and Shell are all getting into the deep water drilling game – despite the clear risks of it. In fact, BP is looking to drill even deeper – already developing new technology to drill in even deeper, higher pressure wells.
One reason, why big oil is taking so many risks – is because they know they won’t be held accountable when they screw up. Not one BP executive has been charged with any crimes stemming from the 2010 oil spill that killed 11 men, ruined coastlines along the Gulf Coast, and has done untold damage to marine life and the food chain in the area. Time to hold Big Oil accountable – after all – what’s underneath our land should belong to all of us – not a handful of rich CEOs.