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Wait Long Enough and You'll Get Blamed for the BP Spill, Too
June 23, 2011 01:27 PM
GULF OF MEXICULPABILITY
A report released yesterday by Transocean, the owner of the ill-fated Deepwater Horizon, squarely
pins the blame for last year's explosion
that killed 11 people in the Gulf of Mexico on BP...
...two months after BP filed a lawsuit
laying the blame on Transocean
for the accident...
...who says they're
not at fault
points the finger at BP
...which eventually passed the blame buck to Cameron International's
defective blowout preventer
...shifting the onus off the Republicans, who were
blamed for the spill by the Democrats
...then turned right around and
blamed the Democrats back
...though a presidential commission unquestionably
blamed BP, Transocean, and Halliburton
...while the British insisted
America was to blame
...as America said the blame
rested on England's shoulders
...and the US Department of Justice blamed Anadarko Petroleum Corp., a 25% partner with BP at the site, for
not accepting its share of the blame
...the way Mitsui & Co. Ltd., a 10% partner -- and 20% owned by the Japanese government -- took its fair share of blame...
...unlike the US Minerals and Management Service, which skirted responsibility until an inspector general's report
blamed the agency
for "lax oversight" and "cozy ties to industry"...
...and Congress itself, which was
blamed for inaction by environmental groups
...who were, in turn,
blamed for pushing drilling rigs into such deep water
to begin with...
North Korean commandos were blamed for torpedoing the rig
as an act of war against Hyundai Heavy Industries, the South Korean firm that originally built the platform...
...but has not been blamed in any way for the explosion of the Deepwater Horizon.
No positions in stocks mentioned.
STRATEGIC PETROLEUM RESERVE
TRANSOCEAN DEEPWATER HORIZON BLAME
TRANSOCEAN BLAMES BP
DEEPWATER HORIZON EXPLOSION
BP GULF OF MEXICO
WHOSE FAULT WAS BP BLOWOUT
BP DEEPWATER HORIZON BLOWOUT
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