Detailed text transcripts for TV channel - CNN - 20100629:05:49:00
>> reporter: before it ever began drilling out in the gulf, bp got an extraordinary gift from the government. the agency that regulates offshore oil exploration declared it didn't believe the deepwater horizon would cause any environmental damage, so bp deserved a pass. bp would not be required to comply with a tough law that would have forced the oil giant to fully assess what risks its rig might pose to the environment. >> the whole thing is a mess. >> here's what bp did not have to do, they did not have to produce specific information on the equipment it was using or the place where it was ...