The U.S. presidential panel investigating the BP oil well blowout says that a series of risky decisions that saved time and money caused the disaster -- and the incident could happen again without significant reforms.
That conclusion is the final word on what led to the massive Gulf oil spill from the seven-member panel appointed by President Obama to investigate it.
In a 48-page excerpt obtained by The Associated Press, the commission says that the largest offshore oil spill in U.S. history can be explained by a single failure -- industry management.
Personnel working for the three main companies -- BP, Halliburton and Transocean -- did not adequately consider how decisions would increase risk. If they had, the blowout would have been prevented, the commission says.
