Sunday, June 13, 2010

Obama To Demand BP Create Liability Account For Spill Claims


There are over 50,000 oil & gas wells in US waters in the Gulf of Mexico, and NONE OF THEM have viable disaster plans for responding to accidents.



Blow-Out Protectors (BOPs) blow out with more frequency than oil companies would like you to know (failure rate as high as 50 percent).



http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/chevron-concedes-deficiency-of-blowout-preventer/article1599893/?cmpid=rss1
Read the Article at HuffingtonPost

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