Washington D.C.--A president commission studying last year's BP gulf oil spill is out with its final report this week. It contains recommendations the panel hopes will prevent another large-scale oil disaster. The include a new federal agency to oversee offshore drilling, an industry-created institute to police safety and increasing the liability caps for damages when companies drill off shore. The report also pieces together the events surrounding last April's oil well explosion. Commissioner Terry Garcia tells WBHM's Andrew Yeager that the panel concluded the disaster could have been prevented and that blame doesn't rest just with BP. It goes industry wide.
~ Andrew Yeager, January 12, 2011