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BP Tries to Buy ItsWay Out of Lawsuits...on the cheap.

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BAR[_2_]

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BP Tries to Buy ItsWay Out of Lawsuits...on the cheap.

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says...

"hk" wrote in message
...
Oil spill crisis a setback for BP and its chief executive

By Steven Mufson
Washington Post Staff Writer
Monday, May 3, 2010; A06

On the day he got news that the Deepwater Horizon drilling rig caught fire
in the Gulf of Mexico, BP chief executive Tony Hayward received a series
of crisis updates in his London offices. The rig belonged to Transocean,
but BP had leased it to drill an exploration well and BP bore legal
responsibility for any consequences.

snip....

The oil industry has to come up with a way to quickly control these
disasters. Maybe production should be halted & no new drilling started
until they do.

There has been a plan in place since 1994 to contain the oil spills and
burn off the oil, run by the US Gov, but again the government failed to
implement it.

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