Exxon, Oil Companies Slammed for ‘Carbon-Copy’ Plans

Exxon Mobil Corp., ConocoPhillips, Chevron Corp. and Royal Dutch Shell Plc are as ill-prepared as BP Plc to halt and clean up an offshore oil spill because they all use “carbon copy” disaster plans, lawmakers said.

Eight weeks after a drilling rig leased by BP exploded in the Gulf of Mexico, killing 11 workers and triggering the worst spill in U.S. history, executives from the companies sought at a House Energy Committee hearing to distance themselves from BP’s practices that lawmakers said put profits before safety.

Lawmakers faulted the four executives for disaster-response plans that would halt oil leaks at the sea floor using the same techniques that failed for BP at its Macondo well. The same firm wrote the plans and included references to making sure crude doesn’t injure walruses, which don’t live in the Gulf of Mexico.

Read Full Article from BusinessWeek

- Posted: 2010-06-15 13:05:10

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