Blunders Abounded Before Gulf Spill, Panel Says

New York Times: The Deepwater Horizon blowout and oil spill in the Gulf of Mexico was an avoidable accident caused by a series of failures and blunders by the companies involved in drilling the well and the government regulators assigned to police them, the presidential panel named to study the accident has concluded. The companies — BP, Transocean and Halliburton, and several subcontractors working for them — took a series of hazardous and time-saving steps without adequate consideration of the risks involved,......

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