BP's Shocking Memo

by Rick Outzen

A document obtained by The Daily Beast shows that BP, in a previous fatal disaster, increased worker risk to save money. Are there parallels with the Gulf explosion?

This is a story about the Three Little Pigs. A lot of dead oil workers. And British Petroleum.

From the minute the Deepwater Horizon offshore rig exploded, BP has hewed to a party line: it did everything it could to prevent the April 20 accident that killed 11 men and has been spewing millions of gallons of crude oil into the Gulf of Mexico ever since. Some critics have questioned the veracity of that position.

Now The Daily Beast has obtained a document—displayed below—that goes to the heart of BP procedures, demonstrating that before the company's previous major disaster—at a moment when the oil giant could choose between cost-savings and greater safety—it selected cost-savings. And BP chose to illustrate that choice, without irony, by invoking the classic Three Little Pigs fairy tale.

EXCLUSIVE: This internal BP document shows how the company took deadly risks to save money by opting to build cheaper facilities for workers. The company estimated the value of a worker's life at $10 million.

A BP spokesman tells The Daily Beast that the company has "fundamentally changed the culture of BP" since the previous disaster, an explosion at a Texas refinery five years ago. But given that a $500,000 valve might have prevented the massive spill that is now threatening to devastate the Gulf of Mexico, one has to wonder.

http://www.thedailybeast.com/blogs-and-stories/2010-05-25/shocking-bp-memo-and-the-oil-spill-in-the-gulf/?cid=hp:mainpromo1