Report Claims ‘Warning Signs’ Preceded Rig Explosion

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Photo: Chris Greythen/Getty Images

The bad news just keeps coming for BP. The House Energy and Commerce Committee has released a report positing that there were “several warning signs” shortly before the explosion, as flow indicators (which signal that pressure is building inside the drill pipe) went off repeatedly before the blowout. This news will no doubt cause a whole new round of Obama jaw-clenching. [FT]