¶ BP cost-cutting blamed for 'avoidable' Deepwater Horizon oil spill (The Guardian)

In a preview of its final report, due next week, the national oil spill commission said systemic management failure at BP, Transocean, and Halliburton caused the blow-out in the Gulf of Mexico, and warned that such a disaster would likely recur because of industry complacency.
Many of the poor decisions taken on the Deepwater Horizon drilling rig before the fatal blow-out on 20 April were taken to save time and money.