standards in place, what essentially that means is something that looks like what eventually capped the bp well is on the shore somewhere and there are companies that are saying that stuff is better, that people have been better trained and that safety standards are good. but other than that there's nothing new that's happened since bb. >> right. there's no fundamental change to the way we drill the deepwater, rachel. we're doing it with the same equipment, the same blowout preventers on all the deepwater rigs that are in the gulf that failed on the macondo well. and the issue here is these new regulations regulate an unreliable piece of equipment and regulating something that's unreliable doesn't make it more reliable, it just makes it more regulated. >> so to be perfectly clear about this because i've really got my hair on fire about this, i sort of can't believe what we have found out -- >> i understand. >> the blowout preventers have been determined, at least by this latest forensic investigation, 500-page report that came out this week under