Halliburton, Transocean, and BP Blame One Another for Oil Spill at Senate Hearing

As expected, the leaders of the oil and oil service companies involved with the Gulf oil spill attempted to shift blame onto one another at a Senate hearing today.

Executives from BP, Transocean, and Halliburton each blamed the other companies' work for the blowout, the Washington Post reports. BP's Lamar McKay told the Energy and Natural Resources Committee that while his firm owned the well, Transocean was responsible for the blowout preventers that failed to stop the leak.

Execs from three firms involved in the Deepwater Horizon explosion and oil spill will blame each other for the disaster when they face a Senate hearing today. In prepared testimony reviewed by the Wall Street Journal, the chairman of well owner BP points the finger at rig owner and operator TransOcean, saying its blowout preventer failed. TransOcean's testimony suggests Halliburton, a contractor on the rig, is at fault, while Halliburton argues that BP is ultimately responsible.

Three big oil and oil service companies all pointed fingers at one another for blame in the Gulf of Mexico oil spill in prepared testimony Tuesday at the Senate Energy and Natural Resources Committee.

While saying that final determination of the cause of the April 20 blowout that started the spill, the companies stressed each other's failures.