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BP Chief Executive Tony Hayward faces another uncomfortable day on Thursday when he appears before a Congressional committee investigating the disaster. In prepared testimony obtained by The Associated Press, Hayward said the explosion and sinking of the BP-operated rig "never should have happened
-- and I am deeply sorry that they did." Britain's Treasury chief, George Osborne, said he was confident that BP would weather the crisis. "I think BP in the end is a very strong company," Osborne said in a BBC radio interview Thursday. "BP have set aside a pretty considerable sum of money but they have these resources. This is a very important company, not just to the British economy but to the American economy as well, and we want it to succeed and flourish for all our sakes," Osborne said.
[Associated
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