NEW YORK (CNNMoney.com) — BP knew of problems with an offshore well hours before it exploded last month, spilling millions of gallons of oil into the Gulf of Mexico, a House committee chairman said Wednesday.Rep. Henry Waxman, D-Calif., said the oil company told the Energy and Commerce subcommittee on oversight privately that the well failed a key pressure test just hours before it exploded on April 20.
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