re: Oil Spill and Offshore Fishing (Latest Developments)

BP is the operator. Its BPs responsibility to make sure that the worst possible scenario is considered for any given well and to make sure the drilling company is not only aware of it but the equipment used (including and especially the Cameron BOPs) can handle that scenario. Now they may have very well done that and the BOPs failed under a condition where they should not have. We dont know at this point. But trust me operators should have at least a high case estimate of the type of reservoir pressures that may be encountered for any type of well. And the reservoir pressures are extremely important bc that is where the kick typically originates.