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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: DewDiligence_on_SI who wrote (134840)6/14/2010 5:20:58 PM
From: Elroy Jetson2 Recommendations  Read Replies (2) of 206202
 
Chevron has always believed safety, good environmental practices and adherence to the law is a strong competitive advantage.

When something does go wrong, the most important thing you can do is tell the truth and do what you can to make it right.

With their senior management ranks decimated, coupled with years of deferred maintenance, BP has been uniquely "unlucky". BP has experienced exponentially more serious accidents than other major oil firms. Without strong management in place one misguided bonehead can endanger the entire company, even worse you can end up with clusters of boneheads, or even a company-wide culture of bad practices.

Some major oil and gas CEO had to say something otherwise BP will damage the entire oil and gas industry.
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