Why Is Anyone Trusting BP?

When BP says its doing everything it can to clean up the spill and cap the well, assume they’re lying and cutting corners. Frank Rich:

In the last three years, according to the Center for Public Integrity, BP accounted for “97 percent of all flagrant violations found in the refining industry by government safety inspectors” — including 760 citations for “egregious, willful” violations (compared with only eight at the two oil companies that tied for second place). Hayward’s predecessor at BP, ousted in a sex-and-blackmail scandal in 2007, had placed cost-cutting (and ever more obscene profits) over safety, culminating in the BP Texas City refinery explosion that killed 15 and injured 170 in 2005. Last October The Times uncovered documents revealing that BP had still failed to address hundreds of safety hazards at that refinery in the four years after the explosion, prompting the largest fine in the history of the Occupational Safety and Health Administration. (The fine, $87 million, was no doubt regarded as petty cash by a company whose profit reached nearly $17 billion last year.)

Again, BP will do the minimum necessary. It’s the nature of the corporation.

By the way, Rich’s larger point is pretty spot on.

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  • caribbeanobserver

    Hey Bob, just wanted to let you know that I have been losing my mind trying to get to this site for the last 4 days. I clicked and clicked and clicked daily …to nada.Anyway I tried it through the cached page on bing and was lucky. What am I doing wrong?, cuz none of my daily sites gives any trouble, one click and I am in. Most times I have to click a few times before entry. I guess you are that special, but it is frustrating nonetheless.

  • alopecia

    “It’s the nature of the corporation.” Applies to every corporation, not just BP. (You know this, of course, but I just wanted to make the broader point.)

  • Allonfla

    “$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$”

  • ec

    BP does this because it can. So do the other oil, nuclear, gas, chemical, electric companies.They think that they have us by the cajones and that we would never let them go down. They have been right so far.

  • nicole473

    I agree with Rich’s larger point too. I wish I didn’t, but I do.