Presidential Commission on BP Oil Spill Issues 2 Reports

Oil Spill, Gulf of Mexico (NASA, International...

Image by NASA's Marshall Space Flight Center via Flickr

Oil Spill Commission, 2 reports issued. [URLs for full text reports are included in the article.]

While oil companies and government agencies learned valuable lessons and developed useful technology from the Deepwater Horizon disaster, the country is still not fully ready to cope with a similar accident, the staff members found in papers submitted to the seven-member presidential panel. (The reports, on preparedness for the spill response and on the containment effort, can be read here and here.)

One major finding was that the oil companies, despite multibillion-dollar profits over the past several years, have devoted only minuscule amounts of money to planning to control or clean up after a significant spill.

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