A ban on new drilling would have the effect of locking out newcomers from the business, consolidating the power of existing companies like BP who control the aforementioned existing, badly maintained platforms. It’s possible that BP bribed Washington to impose the ban, in some sort of last-ditch effort to salvage some benefit from the whole situation.
A ban on new drilling would have the effect of locking out newcomers from the business, consolidating the power of existing companies like BP who control the aforementioned existing, badly maintained platforms. It’s possible that BP bribed Washington to impose the ban, in some sort of last-ditch effort to salvage some benefit from the whole situation.