Oil - The New York Times

Oil - The New York Times: "BP"


Scientists: Dispersants Compounded Oil Spill
 Scientists are gathering more and more data on what they believe are huge plumes of oily water thousands of feet below the surface in the Gulf of Mexico. The evidence raises fears about the fate of creatures that live in the dark, mysterious environment near the gushing well. 
  
GULF DISASTER: END OFFSHORE OIL DRILLING NOW

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Historical Background

After the Second World War, the business was dominated by a small group of very powerful and mostly American companies, which were dubbed the Seven Sisters: Standard Oil of New Jersey, which later become Exxon; Royal Dutch Shell, an Anglo-Dutch company; British Petroleum, which eventually shortened its name to BP; Standard Oil of New York, or Socony, which became Mobil; Standard Oil of California, or Socal, later Chevron; Gulf Oil; and Texaco.

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