QUICK TAKES | news & newsmaking broken down, with added nutrients

Examining Split Hairs In a Disaster

There’s some fancy footwork going on, but the New York Times doesn’t seem willing to deal with it head on. Let’s consider a short section of an article on the New York Times’ website, headlined U.S. Plans ‘for Worst’ in Gulf, Seeing Risk in Leak Strategy. The section deals with BP’s culpability:

Mr. Dudley denied that BP, the British oil company, had cut corners in drilling the original well. He shrugged off a report Sunday in The New York Times that said that as far back as last June BP engineers expressed concern that the metal casing the company wanted to use might collapse under pressure.

“The casing designs that are used in the Gulf of Mexico, we’ve used those in other places,” he said. “I think those are statements that an investigation needs to go through and look at. Cutting corners is not the way I describe how we do our business.”

Right on its face, several questions (and answers) present themselves:

  • (1) Did BP’s managing director, Robert Dudley, as the Times summarizes, “den[y] that BP..had cut corners”? Actually not. What he said was that “cutting corners is not the way I describe how we do business.” That might sound like splitting hairs, but with liability like BP faces, splitting hairs is about everything. He didn’t actually deny that the company had cut corners. He simply said that he doesn’t describe that as a company policy. But then, what company actually announces that it cuts corners? So, what he said was technically true, while meaning nothing.
  • (2) Did Dudley directly dispute the claim, paraphrased by the Times, that “as far back as last June BP engineers expressed concern that the metal casing….might collapse under pressure?” Nope. He simply noted that the company had used the same casing designs elsewhere. But that in no way disputes that the engineers registered their doubts—about using that casing in that particular location at that depth.

The very nature of his statements is misleading. And that needs to be pointed out, explicitly, to the public.

  • http://welcome-to-pottersville2.blogspot.com Suzan

    Thanks for all you do, Russ.

    Hope you don’t mind that I’m publishing most of this essay (with full credit to you by a link, of course) because you make this case better than anyone right now.

    S

  • http://www.jcrows.com J. Crow

    Black Swan V1.1_BP chief Tony Hayward sold shares weeks before oil spill_(just a coincidence)_http://bit.ly/ahXzSf

    Black Swan V 1.0_Goldman Sachs Dumps 44% of it’s BP Stock Weeks before Oil Rig Disaster_http://bit.ly/anJHxK

  • Cal

    Ah, Mr. Crow! Seems there were some mighty powerful premonitions occuring to certain well-heeled folks at juuuust the right time. Good thing for them they got out when they did. I’m sure when the smoke clears they’ll buy their newly-devalued shares back and watch them soar once again, as future BP execs turn their backs on the US in revenge for the costly slap on the wrist they just got from today’s crop of congressional enablers and sell their ever-so-valuable product to developing countries who are not as keen to hamstring their struggling economies with anti-climate-change regulations as our feds seem to be. Could this go down in history as one of the biggest and shadiest short-sell deals in human history? Actually, I wouldn’t put that or anything else past this gang of legalized criminals. For me, this whole thing smacked of false flagginess from the get go. It wouldn’t surprise me to find out (years and years after all the perps have slithered away from the wreckage with their pockets stuffed with greasy greenbacks) that this whole thing was deliberately executed to create another “crisis” by which to further expand the power of the US FedGov.

More in Original Investigations (6 of 12 articles)