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Who’s to Blame for the Gulf Oil Spill?

Predictably, it depends on whom you ask. The major corporate players in the spill were BP, which leased the well, Transocean, which operated the rig, and

Jul 31, 2020
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Predictably, it depends on whom you ask.
The major corporate players in the spill were BP, which leased the well, Transocean, which operated the rig, and Halliburton, the contractor responsible for cementing certain elements of the well-head in place.
Leaders of all three companies are testifying this morning in the Senate Energy and Natural Resources Committee, and as The Washington Post’s Steven Mufson has done well to point out, each one thinks the others are to blame.
BP’s take:
BP America president Lamar McKay stressed the failure of the blowout preventer owned by rig operator Transocean. “The systems are intended to fail-close and be fail-safe,” McKay said. “Sadly and for reasons we do not yet understand, in this case, they were not.”
But Transocean’s chief executive Steven Newman said the blowout preventers “were clearly not the root cause of the explosion” ….
“The one thing we know with certainty is that on the evening of April 20 there was a sudden, catastrophic failure of the cement, the casing, or both.”
Don’t blame us, Halliburton argues:
Halliburton’s Tim Probert also tried to deflect blame. He said “we understand that the drilling contractor . . . proceeded to displace the riser with seawater prior to the planned placement of the final cement plug . . . “
Meanwhile, an estimated 5,000 barrels of crude oil continues to spew into the Gulf each day. Hopefully, the companies can plug the gusher more quickly than they can decide who was at fault for the disaster.
Dexter Cooke

Dexter Cooke

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Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide. He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina. Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations. As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all. Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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