As if BP needed any more bad press: The Daily Beast has obtained a jaw-dropping internal memo from the oil giant that effectively prices the lives of its workers using a "Three Little Piggies" analogy. The gist of it is that while it's worth it to build a more wolf-resistant, less vulnerable house for a little piggy up to a point, it ceases to be worth doing when the 'house' gets too expensive.
The document -- which is several old -- gives credence to the claims of BP critics who charge that the company values cost-savings over safety. The lawyer who released the memo claims that BP's Risk Management office at the time valued the lives of its workers at $10 million apiece.
In 2005, 15 workers were killed and 170 people injured when a BP refinery exploded, and the 'blast resistant' language of the document becomes considerably less cutesy when you consider that BP allegedly killed the option of housing workers in blast-resistant buildings which might have saved their lives because they thought the buildings were too expensive. More recently, a $500,000 safety valve, had it been in place, could have prevented the devastation of the Gulf oil spill.Read More