Greg F, that was an interesting quote- makes no sense at all.

I don't think many Americans throw all the blame on BP, although it must be made responsible for its mistakes. BP, as operator, took shortcuts that they might not have taken if the MMS had been hard-headed and insisted on certain checks and procedures, especially since BP had been so lax as to collect fine after fine.
Congresses past are largely responsible for the MMS failures; it looks like MMS will be much different in the future (closing the barn door after... and all that).

BP (Too little information to comment on Transocean's responsibilities) may find it is a takeover target because of its losses because resulting from the drilling shortcuts and the massive settlements sure to come.

One NY paper suggested that the Chinese might bid for BP, but I don't think they would buy into trouble. They have bought into Canadian and other companies and Sinopec is a major petroleum corporation on the world scene.