Why trust an oil company?

The oil well has been gushing for three weeks now, and (surprise, surprise) a lot more oil than "we" originally thought has been spilling into the water. Let's see, first it was 5,000 barrels a day, then 20,000 barrels a day, now 70,000 barrels a day. I have a sneaking suspicion that it might be even more than that. After all, it wouldn't do for British Petroleum to let us know how much is actually pouring into our waters, and really, why should it even care? It's a British company--thus, the oil isn't in "their" water, at least not yet. Meanwhile, we have now got roughly the equivalent of two Exxon Valdezes swimming around in the water down there. For those of you who don't know, the Exxon Valdez was a tanker that spilled oil into the water off the coast of Alaska 20-some-odd years ago, and the ecosystem still isn't back to normal.
I know, I know, people say we need to be less dependent upon foreign oil. I'm not sure what that means. When we get oil from BP, it is foreign oil. This is money that is going back into the coffers of somebody who doesn't even live here. Of course, we all know that when we say foreign oil, we mean oil from the Middle East, and that we hate being held hostage to countries with unstable political environs, and are *gasp* predominently Muslim. On the other hand, this foreign company has a habit of cutting corners to make higher profits. For example, it pled guilty to an Alaskan oil spill that occurred due to a severely corroded pipeline and a safety valve failure. It has been fined for improperly training rig employees. In this spill, the company has been accused of drilling the well deeper than was authorized. I forgot, our last administration thought the word "regulation" was the most evil word in the English language. (Halliburton is rumored to have been involved in the most recent disaster. Is there a specific depth to which Halliburton will not stoop?)
So far, at least 34 sea turtles have died as a direct result of the oil spill, 29 of the Kemps-Ridley sea turtles. The Kemps-Ridley is the most endangered sea turtle in the world. Oyster beds and coral reefs have been destroyed. Fishermen are furious. The Louisiana tourist industry is nosediving. And the oil keeps on coming. Meanwhile, 27 new offshore oil rigs have been approved. Lovely contradiction.
BP has already said that it will pay for the environmental damage, which is going to be considerable, while pointing the finger at Transocean and saying it's actually their fault. BP can go ahead and blame whoever it wants, but that doesn't mean it can wiggle out of its connection to Transocean or the fact that it owns the defunct oil rig. And really, whose fault it is doesn't matter at this point. Still, I can't help hoping that BP goes bankrupt paying for this.