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The BP oil spill almost happened in 2005
Jul. 12th, 2010 09:33 pmApparently BP has a history of aggressive corner cutting in terms of engineering, construction, and safety. When this is mixed with aggressive pursuit of oil deposits in challenging locations, it's only a matter of time before something disastrous happens.
There was apparently a catastrophic failure of a deep water BP rig in 2005. Fortunately, the rig was not in production yet, or we could have had a similar oil spill five years ago.
https://www.nytimes.com/2010/07/13/business/energy-environment/13bprisk.html
Unfortunately, it takes disasters, not near-disasters, for people to sit up and take notice. I'm not a fan of excessive regulation, but for situations where there is a large common resource at stake, there ought to be some equivalent of a DUI or reckless driving charge.
There was apparently a catastrophic failure of a deep water BP rig in 2005. Fortunately, the rig was not in production yet, or we could have had a similar oil spill five years ago.
https://www.nytimes.com/2010/07/13/business/energy-environment/13bprisk.html
Unfortunately, it takes disasters, not near-disasters, for people to sit up and take notice. I'm not a fan of excessive regulation, but for situations where there is a large common resource at stake, there ought to be some equivalent of a DUI or reckless driving charge.
