Tuesday, January 11, 2011

Federal Commission on oil spill presents final report: If you didn't watch it on C-Span, here it is.

Oil Spill report link.

National Oil Spill Commission Final Report

C‑SPAN
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Washington, DC
Tuesday, January 11, 2011
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In an early excerpt of their final report, the National Oil Spill Commission found BP, Transocean, Haliburton and federal overseers largely to blame for the Gulf of Mexico disaster last April.
The presidentially-sponsored Commission has spent the past eight months examining the accident, considered the worst oil spill in U.S. history, and has released its final report to President Obama today.
In the report, the panel called for increased funding for the federal agency that currently regulates offshore drilling.  They also indicated that Congress should create an independent safety agency within the Interior Department.
The Commission’s preliminary findings from November 2009 indicated that Halliburton knew its cement job on the Macondo well was unstable, possibly leading to the accident. The new report expands to include the role played by all parties and offers recommendations to prevent future oil spills due to offshore drilling.
Former Florida Democratic Senator Bob Graham (D-FL) chairs the Commission. The Co-Chair is former Environmental Protection Agency Administrator Bill Reilly, who served during the first Bush administration.

Updated: 10 hr., 26 min. ago

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