Somehow I missed that they had a spill in Alaska this week

[Phoebe Loosinhouse]

http://www.marketwatch.com/story/alaska-pipeline-still-shut-awaiting-regulator-ok-2010-05-29

Alaska pipeline still shut, awaiting regulator OK
By Cassandra Sweet

SAN FRANCISCO (MarketWatch) -- The Trans-Alaska Pipeline remained shut for a fourth day Friday as it awaited word from federal regulators that it's all right to begin operations again, the pipeline operator said.

The 800-mile oil pipeline, owned by BP Plc /quotes/comstock/13*!bp/quotes/nls/bp (BP 42.95, -2.43, -5.35%) and other oil majors, has been shut since Tuesday, when a power outage at a pumping station caused a pipeline valve to open, spilling thousands of barrels of oil.

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If you read the story you will find that the oil is contained in a back-up storage facility, but geez!

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I also missed this story from Huffington about the BP whistleblower who says they cheated "at least a 100 times" on blowout preventer tests.

http://www.huffingtonpost.com/2010/05/12/bp-whistleblower-claimed_n_573839.html

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There is a very serious pattern emerging here about BP's practices. This is what happens when regulators are in bed with the regulated and the companies are left to their own devices.

[Motown_Johnny]

1. I think Rachel covered the Alaska story

I remember seeing something about it, but not much