BP Bears Most Blame For Gulf Oil Spill: US Report

Law360, New York (September 14, 2011, 4:24 PM EDT) -- A series of cost-cutting and time-saving decisions BP PLC made in the days leading up to last year’s massive oil spill in the Gulf of Mexico were the main causes of the Macondo well blowout, federal investigators said in a long-awaited report released Wednesday.

Behind schedule and some $58 million over budget, BP ordered risky changes in the construction of the cement casing at the base of the well, the report said. The casing ultimately failed, causing the explosion that killed 11 workers, sank the Deepwater...
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