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This morning, we hear outgoing BP CEO Tony Hayward is reportedly set to give evidence this week to a British parliamentary committee. What for? The reason is concerning their study of the Gulf of Mexico oil spill and the future of deep water drilling. Why is it important to hear from him?

“We would like him to be forthcoming, but we recognize there are some constraints, some legal constraints, that he faces,” said Tim Yeo, committee chairman. Debates are still in progress this week also on whether or not additional drilling regulation is needed in the UK.

Also on the discussion is whether the government was right in their decision to deliberately not follow President Obama’s moratorium on new deep water drilling projects. How do you feel about that decision, too?

As we all know, BP’s busted well gushed an estimated 206 million gallons of crude into the Gulf of Mexico from April 20, when the Deepwater Horizon oil rig exploded, until July 15, when it received a new temporary cap. To read more, please visit

In the aftermath of the disastrous oil spill, do you think Tony Hayward and BP suffered the consequences you thought he would for the spill? Share with us how you feel by posting in the comments section below.

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