From the Desk of Ross Cellino
The Presidential panel investigating the BP oil spill concluded that three corporations were at fault for causing the explosion in the Gulf of Mexico. They include BP, Halliburton and Transocean.
The result of the investigation described systemic problems within the offshore energy industry and government regulators who oversee it.
The investigation concluded that the bottom line cause of the explosion was poor decision making that led to technical problems. Each of the three companies involved made individual decisions that increased the risk of a blowout. Why were bad decisions made, to save time and money.
The Deepwater Horizon disaster boiled down to one single failure, and that was management. This report is bad news for the companies involved. The losses and damages, both personal and emotional will be felt for years to come.



