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Exxon Mobil and Chevron Executives Say BP Spill Unlikely to Repeat

oil execs before CongressIn the wake of the environmental disaster stemming from the BP (BP) oil spill in the Gulf of Mexico, Congress summoned oil officials to testify over the safety of their offshore drilling.

The oil spill that started back on April 20 when one of BP's offshore drilling platforms exploded continues to leak into the ocean, and could take up to another two months to stop. Following the accident, President Obama imposed a six-month moratorium on deep-water drilling and Congress is now trying to determine the likelihood of another disaster taking place.

Continue reading Exxon Mobil and Chevron Executives Say BP Spill Unlikely to Repeat

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Last updated: May 28, 2012: 04:51 PM

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