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Oil executives point fingers
Oil executives point fingers in Congress over oil spill
 UNITED STATES OF AMERICA , 12-May-2010  5:46:31 AM
British oil giant BP told a Senate hearing a crucial safety device made by drilling contractor Transocean failed.

Senators heard Transocean argue in turn that BP had been in charge and that a third firm, a BP contractor, did not plug the exploratory well properly.

President Barack Obama was said by the White House to be "deeply frustrated" the oil leak had yet to be stopped.

The Obama administration has announced a break-up of the federal oil industry watchdog amid fears of a conflict of interest.

Golf balls

Interior Secretary Ken Salazar told reporters the administration would "establish independence and separation" for the Minerals Management Service, which both inspects rigs and collects oil royalties

From : http://www.news.bbc.co.uk  

Posted By : Desi

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