Detailed text transcripts for TV channel - MSNBC - 20100507:21:36:00
A, a piece of equipment which was an accoustical dead man's switch. which bp, which is required in europe, it's required in brazil. and other nations. it's used almost universally by the oil industry all over the world. but bp was not required to use it. although bp uses these on its own oil rigs in the north sea. it was not required to use it in this country. and that's, and the reason for that was because this, this agency, the minerals management agency really had simply lost, had a seamless relationship with big oil. >> you know, michael, it seems to me following up on bob's point there. i...
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