Thursday, June 3, 2010

BP was unprepared for disastrous deepwater oil spill

Well, that is obvious. Look at BP's performance!!! The American Public has every right to be angry at BP. Personally, I would like all their oil leases cancelled and send their asses back to Europe. But that is just me.

BP's top executive acknowledged Thursday the global oil giant was unprepared to fight a catastrophic deepwater oil spill as engineers were forced yet again to reconfigure plans for executing their latest gambit to control the Gulf of Mexico gusher.

BP PLC planned to use giant shears to cut a pipe a mile below the sea after a diamond-tipped saw became stuck halfway through the job, another frustrating delay in six weeks of failed efforts to stop or at least curtail the worst oil spill in U.S. history. The government's point man for the disaster, Coast Guard Adm. Thad Allen, said on the NBC "Today" show the cut would be made later Thursday.

Once the riser pipe is cut, BP hopes to cap it and start pumping some crude to a surface tanker, which would reduce but not end the spill. The next chance for stopping the flow won't come until two relief wells meant to plug the reservoir for good are finished in August, after an effort to staunch the gusher with heavy mud failed Saturday.

BP Chief Executive Tony Hayward told The Financial Times it was "an entirely fair criticism" to say the company had not been fully prepared for a deepwater oil leak. Hayward called it "low-probability, high-impact" accident.

"What is undoubtedly true is that we did not have the tools you would want in your tool-kit," Hayward said in an interview published in Thursday's edition of the London-based newspaper.

BP's share holders need to demand that Tony Hayward is fired. He is a PR nightmare and definitely does not help any messaging the White House is trying to promote.


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