BP's CEO to testify before Congress - MSNewsNow.com - Jackson, MS

BP's CEO to testify before Congress

WASHINGTON (AP) - BP CEO Tony Hayward is expected to appear before a House panel Thursday.

Hayward plans to tell Congress he's "personally devastated" by the Gulf drilling rig explosion and oil spill and understands the anger Americans feel toward him and his company.

Hayward says "My sadness has only grown as the disaster continues."

A copy of Hayward's testimony before the House Energy and Commerce Committee's oversight and investigations subcommittee was obtained Wednesday by The Associated Press.

Hayward also says, "To be sure, neither I nor the company is perfect."

Hayward says, "we are unwavering in our commitment to fulfill all our responsibilities."

Hayward says BP has spent nearly $1.5 billion since the April 20 explosion, and won't stop until the job is done.

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