"Failure of Rig’s Last Line of Defense Tied to Myriad Factors"
The failure of a key device on the blowout preventer was one of many factors leading to the Deepwater Horizon Gulf oil spill. Documents and inquiries have shed light on the chain of events leading up to this failure. A New York Times investigation reveals the chasm between oil-industry assertions about blowout-preventer reliability and the actual facts -- as well as a gap between the Obama administration's efforts to reform drilling regulation and its actual performance.