Detailed text transcripts for TV channel - CNN - 20100506:03:18:00
Words of its critics, rubber stamps the oil industry's action and unable to enforce safety regulation. in 2000, they issued a safety alert calling for offshore drillers in the u.s. to have an additional backup system called and acoustic switch that could prevent oil blowouts like the one in the gulf. they went so far to call it a quote essential component. just three years later after complaints from the oil industry, mms determined it wasn't so essential after all, saying it was too costly and effective, never mind bp is required to use it on rigs in two other countries. stuart smith is an en...