Detailed text transcripts for TV channel - MSNBC - 20100504:20:17:00
Gulf. even their contract writing has allowed us to lose tens of billions of dollars of revenue and never get it back. today if you asked mms how much revenue they were supposed to get from a particular well, they couldn't tell you. they have to rely on the oil companies to tell them how much they're going to get. >> there's been a specific series of questions about the safety equipment required in the gulf of mexico when compared to the north sea. which has higher standards and different devices that are mandatory if you want to do deep-water drilling in the north sea and are not mandatory in...