The environmental disaster in the Gulf of Mexico, which involves the multinational BP, is still in progress (as I write millions of barrels of oil spill at sea), could mark the 'Beginning of the End of the oil age. The company also admitted that manages to blot the oil spill of the material, and to date all attempts have failed, must defend himself against the environmental disaster and this could give it, even to hear the statements by the U.S. government, a responsibility that could destroy, in theory, any company. Any failure of the company would give a strong blow to the entire oil and, indirectly, led to the other oil companies. Emotional wake of the disaster, the American president has declared an immediate halt to all offshore drilling. The emotional impact on people throughout the world, the sense of helplessness and the knowledge that a virtually irreversible environmental damage, could lead to important consequences in the approach that, in future, governments around the world will have regard to the decisions concerning the oil sector, closely pressed by public opinion and now, predictably, "intransigent." The context is one in which the price of oil is high and there is no evidence of a decline, the oil reserves are running out and new reserves are increasingly located in inaccessible areas, the quality of the crude extract is still below average. The government's most powerful nation in the world and the world's major oil companies have already begun to invest in renewable energy and the European Union stresses the need to reduce CO2 emissions. Moreover, public opinion is now very sensitive and mobilized on the issue of protection of the territory. To these reasons, in my view, the environmental disaster in the Gulf of Mexico could be the triggering event for a real turnaround petroleum era.
