Daily Outrage: Blowout preventer on Gulf oil rig had not been inspected since 2000 

WHAT: Two confidential reports prepared by Lloyd’s insurance for Transocean, the owners of the Deepwater Horizon oil rig, were leaked to The New York Times. In the weeks before the oil rig exploded, many workers were deeply fearful about rampant safety problems. Many key mechanical systems — including the blowout-preventer rams and failsafe valves — had not been fully inspected since 2000.

HOW BAD: The then-9-year-old oil rig had never been in dry dock, investigators were told. At least 26 components and systems on the rig were in “bad” or “poor” condition. About half the workers interviewed said they feared reprisals from corporate management if they reported “risky” situations.

WHAT’S NEXT: Transocean is seeking, in federal court, to limit its liability to $27 million under the Limitation of Liability Act. Under the law, the limitation of liability is removed if the vessel owner acted negligently. Continuing to drill despite blowout-preventer problems might have violated federal regulations.

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