In Too Deep: BP and the Drilling Race That Took it Down(Bloomberg)

The truth behind the greatest environmental disaster in U.S. history In 2005, fifteen workers were killed when BP's Texas City Refinery exploded. In 2006, corroded pipes owned by BP led to an oil spill in Alaska. Now, in 2010, eleven men drilling for BP were killed in the blowout of the Macondo well in the Gulf of Mexico. What's next? In In Too Deep: BP and the Drilling Race That Took it Down, Stanley Reed?a journalist who has covered BP for over a decade?and investigative reporter Alison Fitzgerald answer not only that question, but also examine why these disasters happen to BP so much more than other large oil companies. Places the blame on a corporate culture created by former BP CEO John Browne who was forced to resign in 2007 after he lied in court documents in a case involving his gay lover Details a BP built on risk-taking and cost-cutting Examines the past, present, and future of BP In August 2010, BP successfully "killed" the company's damaged deepwater well. But, the environmental fallout and public relations campaign to rebuild the brand are just beginning. In Too Deep details why BP, why now, and what's next for this oil giant.

Table of Contents:
Cast of Characters. Authors' Note. Prologue. Chapter 1 Night of Horror, Day of Triumph. Chapter 2 The Oil Lord. Chapter 3 Agents of Empire. Chapter 4 The Big Kahuna of the Gulf. Chapter 5 Money, Politics and Bad Timing. Chapter 6 Lord Browne's Long Goodbye. Chapter 7 Riding the Throughput Curve. Chapter 8 Tony Hayward Comes up Short. Chapter 9 Disaster on the Horizon. Chapter 10 BP Struggles to Survive. Epilogue. Acknowledgments. Notes. About the Authors. Index.

About the Author :
STANLEY REED was London Bureau Chief of BusinessWeek from 1996–2010. He is a specialist on the Middle East and energy. He has covered BP for more than a decade and accompanied then-CEO John Browne on a trip to Russia in 2003. He also visited BP's Thunderhorse, the largest oil platform in the Gulf of Mexico, in 2009. He won the 2003 Best of Knight-Bagehot Award from the Columbia Journalism School for his coverage of the Iraq war. He is now a reporter-at-large for Bloomberg News. ALISON FITZGERALD, an investigative reporter at Bloomberg News, writes about the convergence of government and economics in Washington, D.C. Her coverage of the financial crisis and government rescue of the banking industry won her the 2009 George W. Polk Award for national reporting and the "Best of the Best" award from the Society of American Business Editors and Writers. Her 2008 work on the global food crisis was honored by the Overseas Press Club.

Review :
“…the latest, and probably the best, of what one might call the “private sector” books about the BP spill…by a pair of talented and experienced Bloomberg reporters” —Financial Times “Among the first to bring a book to the public are the Bloomberg News team of Stanley Reed and Alison Fitzgerald. Reed, based in London, had covered BP for more than a decade before the explosion.  Fitzgerald is a Washington, D.C., correspondent ferreting out the political angles of corporate influence. The two journalists make a logical team, and their book is often enlightening about the corporate-political nexus that placed enrichment of the already rich and aggrandizement of the already influention above the common good. . . Reed and Fitzgerald personalize BP by devoting lots of space to John Browne, the flamboyant chief executive officer from 1995-2007. . . He is by far the most memorable character in the book.” —USA Today