When you talk about requiring oil CEOs to be criminally liable, you are citing reporting in an David Hammer article in the news. David also quotes Lee Hunt, president of the International Association of Drilling Contractors as saying thatthe issue of CEO liability, something that companies are used to when certifying their financial statements, is a bit more difficult.
Hunt goes on to say "It will take some time to ensure the same protocols exists to give oil company CEOs confidence in the specific engineering procedures on rigs"
In my view the use of criminal liability will provide the ultimate protection for out safety. It will motivate companies to do the kind of research that will ensure works (like levees) will have adequately engineered resilience (reliability, safety, readiness, etc).
As David Hammer observed, the moratorium is a moot point with these forms of assurance in place. As far as I'm concered, its in industry's corner to get peer reviews and make serious assurances that bad things won't happen.
Posted on Court of Appeals should expedite case on drilling moratorium: An editorial on July 08, 2010, 2:59PM
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