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ReutersNEW YORK (Reuters) - A powerful congressional committee said on Monday it had evidence that deep cost cuts at oil major BP Plc may have been a major factor behind pipeline corrosion that caused the largest ever onshore oil spill in Alaska last year.
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Over 200,000 gallons of crude oil leaked from a corroded oil transit pipeline at the 400,000 barrels per day Prudhoe Bay oil field in March 2006, sparking a congressional probe into BP's corrosion prevention practices, as well as a federal criminal investigation.
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However, BP e-mails and other documents "suggest that budget pressures were severe enough that some BP field managers were considering... reducing corrosion inhibitor to save money," wrote Rep. John Dingell (news, bio, voting record), chairman of the House Energy and Commerce Committee, in a letter sent to BP on Monday, a copy of which was obtained by Reuters.
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http://news.yahoo.com/s/nm/20070430/pl_nm/bp_alaska_congress_dc;_ylt=Aq84lbPtx9L_sqXRPibkGc3MWM0F
Reducing corrosion inhibitor to save money....