BP, government praised for inventive response to oil spill

But the same report also delivered scathing indictments of the company, industry and federal agencies for a woeful lack of preparedness to deal with an environmental emergency in the Gulf of Mexico.Facing the worst offshore oil disaster in American history, BP rapidly developed and implemented new technologies to contain the damage and the government watchdogs established "effective oversight," according to a report issued on Monday by the presidential panel investigating the explosion and sinking of the Deepwater Horizon drilling rig.

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