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Vern Takebayashi: It is possible that the oil industry has managed to avoid having laws passed that would have forced the industry to adopt tougher standards with regards to dealing with catastrophic failure.From what I've read, this seems to be the case. Its possible they were compliant with the tepid laws that their lobbyists kept in place. Clearly we need to revisit the relevant legislation.
Paul Graydon: It's all about the bottom line.. Redundancy and SPOF avoidance costs money. BP rarely spends money when they don't have to.I'm sure you are right, which is why it seems the law failed us. Why aren't the levels of redundancy, type of containment, etc. mandated? I'm normally a small government guy, but in areas where a company can do this type of destruction, clearly we need comprehensive, specific and enforceable laws.
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