BP in 2009: Voluntary self-regulated safety programs "have been and continue to be very successful"

[brentspeak]

(Note: This article was written two days ago, but we now know that the blown-up rig is actually spewing 5,000 barrels of oil each day.)

http://www.nytimes.com/gwire/2010/04/27/27greenwire-bp-other-oil-companies-opposed-effort-to-stiff-38887.html

BP, Other Oil Companies Opposed Effort to Stiffen Environmental, Safety Rules for Offshore Drilling

By MIKE SORAGHAN of Greenwire
Published: April 27, 2010

BP America, whose well in the Gulf of Mexico is spewing 1,000 barrels of oil each day after a rig explosion last week, joined with other oil companies last year to oppose stricter safety and environmental rules.

A company executive said the existing voluntary standards were sufficient.

"We are not supportive of the extensive, prescriptive regulations as proposed in this rule," wrote Richard Morrison, BP's vice president for Gulf of Mexico production. "We believe industry's current safety and environmental statistics demonstrate that the voluntary programs implemented since the adoption of have been and continue to be very successful."

[aquart]

1. Riiiight.

[FarLeftFist]

2. Once again the Govt is called in to fix a monumental private sector mess...

Why don't we hear the free-marketers shouting to leave BP alone to fail. Wouldn't this be considered bailing out Big Finance for their errors.

[FreakinDJ]

3. What a Joke ...

Mumbai High North fire


BP oil refinery in Texas City, Texas, kills 15 and injures more than 100 people.