Monday, July 26, 2010

Fight brews over drilling watchdog

Formerly the Minerals Management Service (MMS), the Obama administration has renamed it the Bureau of Ocean Energy Management, Regulation and Enforcement. Plans are to further split the agency up into three separate divisions, all under the Department of Interior. The idea is to remove an apparent conflict of interest - charging one agency with both ensuring safety and maximizing oil revenues for the federal government. But the plan is drawing fire from nearly everyone involved. Environmentalists say the reforms don't go far enough. Offshore drillers say they are not being consulted. Government watchdogs say they lack transparency. And Congress says information has been slow in coming...more

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