Let's not just focus on BP here ... the entire US Oil Industry is implicated in this mess. Does anyone think that if any rival oil company had the capacity to address this problem they would just allow BP to twist in the wind? All oil companies drilling in American waters, thanks to Bush/Cheney elimination of sensible regulations and enforcement, are incapable of addressing blowouts at depth ... all of them.
Every American Oil Company needs to demonstrate to the Federal Government their capacity to swiftly intervene and stifle a blowout like this, Not in theoretical terms, but in practical terms. If the Oil Company cannot demonstrate this then they forfeit the rig and the lease, and the well must be sealed. It doesn't matter what the safety record for drilling in the sea is for the Oil Industry over the past 40 years ... that record is now meaningless.
This Deepwater Horizon failure is the US Oil Industries 911 ... nothing that happened before this incident matters. Drop the hammer.
Read the Article at HuffingtonPost
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