Boats trying to control the fire on the Deepwater Horizon oil rig. ![]() “Our oceans are there for all of us, not just oil and gas companies, and if they can’t behave responsibly on their own, this Congress will be happy to step in and set some overdue boundaries. A ship on fire in the middle of the Gulf of Mexico. ![]() “The business model of drilling our oceans for a quick buck and sticking the public with the cleanup bill is coming to an end,” Chair Raul Grijalva said in a statement. Lawmakers on the House Subcommittee on Energy and Mineral Resources introduced the Offshore Pipeline Safety Act, which would require BSEE to charge an annual fee against owners of offshore pipelines to fund pipeline removal if they file for bankruptcy, among other measures. The fire began in an underwater pipeline. In the US, legal battles over company responsibility for cleanup costs have played out in bankruptcy courts, as companies look to profit by offloading billions of dollars in such costs to other oil and gas entities amid shifting political sands and the fates of fossil fuel industries. Play Video 0:33 An underwater gas leak caused a whirling vortex of fire to spew out of the ocean surface west of Mexico's Yucatn peninsula on 3 July. Pemex said the gas leak occurred at 5:15am local time in the. The company also is saddled with $107bn in debt, making it one of the most indebted oil companies in the world, as of 2019. A fire near Pemex’s Ku-Maloob-Zaap offshore platform complex on Mexico’s Gulf Coast has been controlled following a gas leak.
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