Quote Originally Posted by DuncanONeil View Post
One blow out in over 30,000 wells dug in the gulf?

And that means the industry is out of control??

Yesterday even the President admitted that this was an exceedingly rare event. Does that not lay more responsibility on the people in charge of inspections.
The Administration also admitted that this may have resulted from a level of complacency. We have done so well for so long that we obviously know what we are doing. In other words we got it right.
And consider: If our Sun were to go out, what is the harm? Does that really mean the universe is out of control? Hardly. It's just one of billions of other stars! Having 1 explode hardly seems any cause for concern.

Perhaps when we take a step back from statistical analysis, and instead examine the actual importance of the event, then we can see that some things matter.