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BP Cost-Cutting Added Significant Risks

It appears that BP made decisions that increased the risk of a blowout to save the company time and expenses. Reps. Henry Waxman of California and Bart Stupak of Michigan said in a letter sent to BP’s CEO, Tony Hayward, “If this is what happened, BP’s carelessness and complacency have inflicted a heavy toll of the Gulf, its inhabitants, and the workers on the rig.” The letter from the committee chairman Waxman and subcommittee head Stupack listed a series of “shortcuts to speed finishing” the work. The 14-page letter lays out the mistakes BP made in a way that is both understandable and damning.

Who is responsible for Gulf Oil Spill? Click here to read Sean Modjarrad’s Blog on Lawyers.com.

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