What BP Isn’t Saying – And What Chevron Is
Thursday, July 15th, 2010From the perspective of a concerned consumer, the big oil companies response to the recent Deepwater Horizon spill in the Gulf of Mexico leaves something to be desired. At first glance, what should’ve inspired a thorough review of their safety regulations has instead brought only reassurances of how they will clean up the mess. This concerned consumer is left wondering how such an environmental tragedy can be prevented in the future and if it is even possible for the progressive oil industry to regulate itself with internal oversight – what about the company’s people?
In his 2010 AGM speech to shareholders in London on April 15th, BP Chief Executive of Oil and Energy Tony Hayward claimed, “Safety remains our number one priority and I’m pleased to report we can see clear progress.”
What followed this claim was a reassuring percentage of company progress and a thorough account of all the ways in the which BP has grown in the past year. Except for those few sentences about safety, however, Hayward didn’t return to the subject with more detail. He finished his speech by stating “Of course the future looks challenging. It always does.” What these words reveal, on the eve of disaster, is either a general disregard for the importance of safety in favor of positive quarterly statements or a genuine ignorance of the risk to BP. Five days after Hayward’s speech, 11 people died in the Deepwater Horizon explosion and the first million gallons of crude oil began flowing into the Gulf of Mexico.






