A report says a series of cost cutting decisions by BP and its partners have contributed to the massive oil spill that ravaged the Mexican Gulf coast.

The White House oil spill commission, noted in the report, that BP and its partners, lacked a system to ensure their actions were safe. This contradicts the panel's initial report of two months ago. The panel is the first government-sanctioned group, to wrap up its probe, into the disaster.

Although it lacks authority to establish policy or punish companies, the conclusions could have a bearing, on future criminal and civil cases relating to the spill. Charged, with guiding the future of offshore drilling, the commission will release its full review, of the spill and its aftermath next week.