Ruthless cost-cutting leads to corner-cutting leads to disaster. TP has the latest on the cause of the BP oil disaster:
Today, the chief executives of the five big oil companies — including BP's Tony Hayward — are going to testify before the House Energy and Commerce Committee. According to an e-mail released by that Committee yesterday, a BP drilling engineer warned that the Deepwater Horizon oil rig was a "nightmare well" that had caused the company problems in the past. The e-mail...
Published on June 15, 2010 03:41