The Gulf of Mexico oil spill was an avoidable disaster that resulted from management failures by BP PLC and its main contractors, a presidential commission has concluded. But the accident also reflected "systemic failures" by the oil industry and its government regulators to deal with the risks of deep-water oil exploration, the panel said. They go on to use such comments as "individual missteps and oversights" and "the root causes are systemic and, absent significant reform in both industry practices and government policies, might well recur." But we knew that all along. More or less as soon as it happened people in the know were singing like canaries. This report just puts those songs down on paper!
Wednesday, January 5, 2011
Gulf of Mexico oil disaster was avoidable, says presidential comission
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