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"The only thing that's clear is that there was a catastrophic failure of risk management,"

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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-09-10 08:31 PM
Original message
"The only thing that's clear is that there was a catastrophic failure of risk management,"
Challenges with the dome come as White House officials, U.S. lawmakers and others in the industry ask whether BP failed to foresee and prepare for a disaster of this scale, as doubts deepen over the company's ability to handle the spill.

BP assured regulators last year that oil would come ashore only in a small area of Louisiana, even in the event of a spill much larger than the current one. But as of Sunday evening, authorities reported that black, gooey balls were washing up on beaches in Alabama, farther than the company's original calculation.

"The only thing that's clear is that there was a catastrophic failure of risk management," said Nansen Saleri, a Houston-based expert in oil-reservoir management and a former top official at Saudi Aramco, Saudi Arabia's state-owned oil company.

BP defended its actions. "You have here an unprecedented event—never before have you seen a blowout at such depth and never before has a blowout preventer failed in this way," BP spokesman Andrew Gowers said. "The unthinkable has become thinkable, and the whole industry will be asking searching questions of itself."
http://online.wsj.com/article/SB10001424052748704307804575234621987007784.html?mod=WSJ_hpp_MIDDLENexttoWhatsNewsSecond
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Others knew this was coming - fuck you BP and all your defenders. Now you've destroyed the livelihood of thousands of people. Fuck you irresponsible greedy fuckers!! I wish worse than what's coming for you and yours.
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MadMaddie Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-09-10 09:10 PM
Response to Original message
1. Uh that's what "Disaster Management Planning" is for
Planning for all possibilities especially "worst case scenario's". Ignorance does not alleviate BPs culpability in this disaster.

Had they done used available tools such as "Spatial Modeling" or "GIS-Geographic Information Systems" disaster results could have been predicted.

http://www.webopedia.com/TERM/G/GIS.html

BP had billions of dollars to projet what could happen and they chose not to.
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ashling Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-09-10 09:31 PM
Response to Original message
2. Is Condaleeza Rice head of their risk management team?
Chalk this up there with the airplanes as bombs that we could never have foreseen.

:puke:
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 05:43 AM
Response to Reply #2
4. Well said
:hi:
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ashling Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 05:59 AM
Response to Reply #4
5. Thank you
:hi:
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Scuba Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 05:10 AM
Response to Original message
3. How to fight the spin....
....the corporate spin is that this was a rare occurance, hence BP risk analysis was OK.

Well, when assessing risk, there are to factors:

1. The probability that something will (or won't) occur.

2. The consequences.

They may have been right on the first... Okay, they were wrong there too, as their track record attests.

But this tragedy will persist for generations. The consequences are catastrophic and weren't given enough consideration, obviously.


I hope they're happy about the half-million they saved by not using readily available safety measures.
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ima_sinnic Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 06:02 AM
Response to Reply #3
6. the consequences were so horrendous and so unthinkable, nothing should have been spared
Edited on Mon May-10-10 06:03 AM by ima_sinnic
to prevent them.

we need to institute a system like the one in China, where people like these would be summarily executed.
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