Judging from the oily history of the last ten years, reining in BP could prove politically daunting. A company with incredible economic might, BP has enjoyed privileged access to the inner rungs of Washington power. Only by ridding the political system of insider money can we hope to avert future oil disasters like the devastating spill which hit the Gulf of Mexico last week.
The perversion of U.S. democracy to serve oil interests like BP went into high gear under former Vice President Dick Cheney. Dallas-based Halliburton, where Cheney worked prior to the 2000 election, made equipment and chemicals used in oil drilling, and sold to producers including BP even though Halliburton had no experience in the petroleum industry.
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