Staff Reporter, CNNMoney
Executives from five of the world's largest oil companies are under fire on Capitol Hill Tuesday for having cookie-cutter contingency plans for dealing with disasters like the Gulf Coast oil spill.
And not only that, those plans included "embarrassing" errors like a reference to protecting walruses, which haven't lived in the Gulf Coast for at least 3 million years, and the phone number of a marine biologist who died five years ago, said Rep. Ed Markey, D-Mass.
Markey called on executives from BP (BP), ExxonMobil (XOM, Fortune 500), ConocoPhillips (COP, Fortune 500), Chevron (CVX, Fortune 500) and Shell Oil (RDSA) to answer before his House Energy and Environment subcommittee Tuesday. Specifically, he wanted to focus on: the ongoing spill, renewable energy development and the effect of President Obama's six-month moratorium on deepwater drilling.
Filed under: Gulf Oil Spill
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