Louisiana deep oil drilling disaster

[Carsten Wiethoff]

Obviously there is Canadian Legislation requiring offshore drills (in the arctic) to be accompanied by a relief drill in the same season, to have available an effective means of stopping a spill, should that happen at the main drill.

And clearly BP does not like that. The result is obvious.

Reference: http://www.reuters.com/article/idUSN1326...arketsNews

I quote:

It has yet to announce plans to drill in the region but shortly before the U.S. disaster, BP and other oil companies urged Canadian regulators to drop a requirement stipulating that companies operating in the Arctic had to drill relief wells in the same season as the primary well.
Cullen argued the companies had made this request because drilling a relief well within the required time limit would be too expensive, given the difficult Arctic conditions.