Page 2 - Problems Inside Bp News Today

Particular should get extra scrutiny because of what happened on their watch with their equipment at deepwater horizon? >> well, bp does not have a lot of best friends in this area right now. but on the other hand, i dont think that anyone thinks that all of the executives of bp sat around a board table last year and said, i know what well do. well have a big explosion and a big disaster. so its not in their interests either to have such a terrible thing happen because its expensive for them. an...

We have been talking a lot on this show recently about the governments decision to start greenlighting oil wells again in the gulf of mexico after the bp disaster last year. that is news that matters to everyone in america, of course, but if you live in a town where people depend on oil rigs for jobs, then youve got a very particular interest in those decisions. i mean, if youre a roughneck in baymoanette or eunice or corpus christi government decisions about new drilling can mean the difference...

And that is scary because it turns out that these blowout preventers are flawed. they are flawed in a way that -- such a way that the very accidents theyre supposed to stop from becoming disasters, those very same accidents can render them inoperable, can just take them out so they cant do their jobs. we knew that things could go wrong with blowout preventers. what we did not know is that if things didnt go wrong with them they still might not work. that by design some blowouts will just still h...

They are flawed in a way that -- such a way that the very accidents theyre supposed to stop from becoming disasters, those very same accidents can render them inoperable, can just take them out so they cant do their jobs. we knew that things could go wrong with blowout preventers. what we did not know is that if things didnt go wrong with them they still might not work. that by design some blowouts will just still happen, will just render the blowout preventers pointless. in other words, there i...

Really brags on the capacity of those preventers. >> i think a lot of people were genuinely surprised when the deep water horizon blew up that oh, my god the blowout preventer didnt work. that was supposed to be the last thing that stood between us and a disaster of the magnitude that did happen. so that was disturbing, even appalling. but you have to keep in mind anyone should keep in mind thats the best thing that is supposed to stand between the kind of disaster that happened. a lot of other ...