Gulf Oil Spill: BP Used Riskier Method to Seal Oil Well Before Blast - CNBC

Gulf Oil Spill: BP Used Riskier Method to Seal Oil Well Before Blast - CNBC

Big surprise! There were warning signs before the accident. BP made decisions based not on safety or even long term economic outlook but instead cut corners for short term gains. So, to save money short term but cost themselves money long term, 11 people are dead and millions will impacted by the largest oil spill in U.S. History.

I think this is a clear sign that we need real regulation on how these rigs are operated, with a focus on safety for both those working on the rig and for those potentially impacted by accidents or even just normal use. The Department of the Interior has promised a full review of how this stuff is handled. I look forward to seeing what changes are made.