Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (73447)	5/11/2010 9:05:27 PM
From: maceng2	2 Recommendations Read Replies (2) of 74559

The oil bosses were grilled on safety practices by members of the Senate Energy Committee, with committee chairman Jeff Bingaman saying it appeared the explosion on the Deepwater Horizon rig that triggered the oil slick was due to a "cascade of errors, technical, human and regulatory." reuters.com There doesn't seem to anybody accepting responsibility for mistakes made. Under these circumstances no progress on safety issues will be made, and BP and it's subcontactors should not allowed within 1000 miles of the GOM with anything larger then an oilcan.

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