BP Oil Spill Update 2: A Brief (Eye-opening) History

Lauren at psalm34-3.blogspot.com posted a great synopsis last week, "Thoughts on BP," of the legal and historical background behind the Gulf oil spill, beginning with the Exxon Valdez spill in 1989, and what led BP to take on such a high-risk drilling venture.  The facts are ones that have never even been discussed among all of the emotionally-charged finger pointing.  It is a shame that we have lost such perspective on history that we cannot (will not?) even look back twenty years to see where a chain of bad deals and poor decisions contributed to the disaster we find ourselves still in the midst of today.