The BP off shore drilling platform operated by Deepwater Horizons had a history of mistakes, spills, and accidents.
We are not surprised that Halliburton was involved.
Bacon’s Rebellion recounts the myths of off-shore drilling.
Indeed, these could be the myths of privatization of legitimate governmental functions.
Follow the link for a full explication:
- Myth One: High technology will save us.
- Myth Two: For-profit companies always operate for the public good.
- Myth Three: You always know who works for you.
- Myth Four: If a company says it is green, believe it.
Related: In 1999, U.S. report found failure of offshore rigs’ blowout preventers common.
Blowout prevention costs money. Money cuts into profits. Profits > Public Good. Q. E. D.