Mastering the Commodities Markets

Environmental Concerns

Oil at every single point in its journey, from the ground to providing light in your home or the plastic cup that you drink your coffee from, courts huge controversy. Throughout history, there have been numerous large envir-onmental disasters ranging from the Exxon Valdez in Alaska to the Blue Horizon blowout in the Gulf of Mexico that BP recently experienced. There have also been huge losses of life, such as with the Piper Alpha platform explosion in the North Sea many years ago.

Even more recently, the emergence of shale gas in the United States has led to global awareness of the term ‘fracking’ and all the controversy that is associated with it, ranging from the use of chemicals to allegations that it causes earthquakes. ...