Need I say more? There is not a more hated company right now and I don't feel bad for them one bit. Especially after seeing today that BP knew the Atlantis rig had safety issues from the start. According to internal docments releaed today, BP decided to save money on a "well control" mechanism which may have caused this disaster.
This rig had problems from the beginning. In 2006 it was two years behind schedule because of hurricane Dennis, then of course there was Katrina. At this time BP admitted that the rig failed four tests in the platforms subsea system. BP also had every reason to get the rig running since it would have put them in position to be the leading player in America's deep water production.
Atlantis was considered the most sophisticated and technologically advanced oil platform today. According to offshore-technology.com, this platform was the "deepest moored floating dual oil and gas production facility in the world." Now all we're hearing is executives blaming each other in preparation for the all the law suits they are going to have to fend off.
How Americans are even divided on continuing off-shore drilling is beyond me. Why take this risk again? Develop new energy resources here, starting in New Orleans, and screw BP.
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