The chiefs of five major oil companies including BP have been blasted in a ferocious attack from US lawmakers.
Summoned to appear before a congressional committee reviewing their individual oil spill response plans, four of the top executives tried to distanced themselves from BP.
But their claims “they would do things differently” did not wash.
Congressman Henry Waxman was the most critical. “These plans are just paper exercises. BP failed miserably when confronted with a real leak and one can only wonder whether Exxon Mobile and the other companies would do any better.”
With the British company’s share price tumbling, analysts see BP becoming vulnerable to a take over bid. However, proceedings were interrupted by protesters who see no difference between any of the companies, calling on them all to clean up their own toxic waste.