Big Oil at Congress:
They highlighted the breakdown of the public’s trust in the industry to extract these resources safely.
Despite the statistical evidence of 14,000 deepwater wells drilled, the Macondo well stands as an anomaly of a single company.
The industry representatives also made it very clear that the primary defense against the effects of uncontrolled blow-outs lies in prevention rather than clean-up which the industry was not adequately prepared to handle. That’s a situation that can’t be rectified within six months, and possibly not six years.