Yes, the oil spill in the Gulf is a really bad thing, but I wish they taught statistics in high school.
Because statistics tell you that is was just a matter of time until we had a catastrophic spill in the Gulf. There are thousands and thousands of oil and gas wells in the Gulf, each one with a very small probability of failing. BP and Deepwater Horizon drew the short straw.
It’s particularly disheartening to hear the blame being piled on BP. As if, yeah, BP would cut...