Monday, October 30, 2006

Slumload BP

In 2005 sixteen people lost their lives in an explosion at a BP refinery. In a 60 Minutes interview, Carolyn Merritt, appointed by President Bush to be chairman of the U.S. Chemical Safety Board, said BP management knew enough about the problems to have prevented the disaster.

"Absolutely," Merritt says when asked whether the blast was preventable. "The problems that existed at BP Texas City were neither momentary nor superficial. They ran deep through that operation of a risk denial and a risk blindness that was not being addressed anywhere in the organization."

BP is the 3rd largest petroleum producer and got that way by acquiring old companies and then cost cutting. Seems like a pattern here. BP is the owner of the Alaskan pipeline that started gushing into the Arctic Ocean. There were charges (from employees) that they stopped using a chemical preventative that slowed or stopped corrosion of the pipe.

Seems to me that BP is the slumload of the petroleum industry. Better not trust the quality of their fuel if that is the case, think I'll shop elsewhere.

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