Exxon CEO: As an industry, "we are not well equipped" to handle oil disasters

ExxonMobil CEO Rex Tillerson told Congress we must do everything possible to prevent offshore drilling disasters, because once they occur, there is not any way to stop the damage. By admitting the unavoidable risk of catastrophe, Tillerson exploded the myths — promoted by the oil industry and right-wing supporters — that offshore drilling is "environmentally safe," and that the industry can handle these disasters when they occur.  TP's Brad Johnson has the story.

Tillerson made the...