5.11.2010

The case for regulation

Lawmakers are expected to ask oil industry giant BP, which operated the Deepwater Horizon drilling rig 40 miles off the Louisiana coast, why its drilling plans discounted the risk that such a catastrophic pipeline rupture would ever happen, and why it assumed that if a leak did occur, the oil would not pose a major threat.

link: Companies pointing fingers at each other as Senate begins hearings on the Gulf oil spill - chicagotribune.com

The time to ask questions like that is not after the lid blows off.


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