If you listen to BP or many of our elected officials on the topic of the oil spill for long, you might fall down from all the spinning action going on in front of you. Here are some VERY important facts that everyone must know about the BP oil catastrophe. In this article by Daniela Perdomo from Alternet, you can read 10 almost incomprehensible truths about the events surrounding BP’s crime scene.  Some of the highlights:

Oil rig owner has made $270 million off the oil leak

This experience undoubtedly influenced Transocean’s decision to insure theDeepwater Horizon rig for about twice what it was worth. In a conference call to analysts earlier this month, Transocean reported making a $270 million profit from insurance payouts after the disaster. It’s not hard to bet on failure when you know it’s somewhat assured.

On BP’s (not so) safety record:

With Deepwater Horizon, BP didn’t break its dismal trend. In addition to choosing a cheaper — and less safe — casing to outfit the well that eventually burst, the company chose not to equip Deepwater Horizon with an acoustic trigger, a last-resort option that could have shut down the well even if it was damaged badly, and which is required in most developed countries that allow offshore drilling.

On the gross neglect of the Interior Department (this one really hurts):

Ten years ago, there were already warnings that the backup systems on oil rigs that failed on Deepwater Horizon would be a problem. The Interior Department issued a “safety alert” but then left it up to oil companies to decide what kind of backup system to use.

The Interior Department’s Louisiana branch may have been particularly confused because it appears it was closely fraternizing with the oil industry. The Minerals Management Service, the agency within the department that oversees offshore drilling, routinely accepted gifts from oil companies and even considered itself a part of the oil industry, rather than part of a governmental regulatory agency. Flying on oil executives’ private planes was not rare for MMS inspectors in Louisiana, a federal report released Tuesday says. “Skeet-shooting contests, hunting and fishing trips, golf tournaments, crawfish boils, and Christmas parties” were also common.

Is it any wonder that Deepwater Horizon was given a regulatory exclusion by MMS?

It gets worse. Since April 20, when the Deepwater Horizon oil rig exploded, the Interior Department has approved 27 new permits for offshore drilling sites. Here’s the kicker: Two of these permits are for BP.

But it gets better still: 26 of the 27 new drilling sites have been granted regulatory exemptions, including those issued to BP.

On BP’s “clean up plan”:

Perhaps because it knows the possibility of remedying the situation is practically impossible, BP has made publicly available its laughable “Oil Spill Response Plan” which is, in fact, no plan at all.

Most emblematic of this farcical plan, BP mentions protecting Arctic wildlife like sea lions, otters and walruses (perhaps executives simply lifted the language from Exxon’s plan for its oil spill off the coast of Alaska?).

And as outlined already on our site, this cost-benefit analysis by BP, which considers the cost of losing a human life to be worth the risk to cut safety measures from the budget:

An internal BP document shows that just before the prior fatal disaster — the 2005 Texas City explosion that killed 15 workers and injured 170 — when BP had to choose between cost-savings and greater safety, it went with its bottom line.

A BP Risk Management memo showed that although steel trailers would be safer in the case of an explosion, the company went with less expensive options that offered protection but were not “blast resistant.” In the Texas City blast, all of the fatalities and most of the injuries occurred in or around these trailers.

Although BP has responded to this memo by saying the company culture has changed since Texas City, 11 people died on the Deepwater Horizon when it blew up. Perhaps a similar memo went out regarding safety and cost-cutting measures?

And here, in summary, is the truest and most disheartening of statements, the one that makes me hurt in my soul:

Here’s the reality of the matter — for as long as offshore drilling is legal, oil spills will happen. Coastlines will be decimated, oceans destroyed, economies ruined, lives lost. Oil companies have little to no incentive to prevent such disasters from happening, and they use their money to buy government regulators’ integrity.