BP chief defends safety record amid massive oil spill

BP’s chairman defended his company’s safety record today, and said “a failed piece of equipment” was to blame for a massive oil spill along the Gulf Coast of America.

Lamar McKay told ABC’s This Week that he cannot say when the well a mile beneath the sea might be plugged. But he said he believes a dome that could be placed over the well is expected to be deployed in six to eight days.