BP and bad regulators: Minerals Management Service
One of the biggest scandals surrounding the BP oil spill in the Gulf of Mexico was the incompetence and worse of its regulator, the Minerals Management Service. Can pro-energy regulators also protect the environment? It seems unlikely.
View the post titled BP and bad regulators: Minerals Management ServiceWas BP evil or unlucky?
Did the Gulf oil spill occur because BP was negligent or unlucky? They may have been merely unlucky; the sorts of tradeoffs that they made are likely common in the oil industry. Still, it was inevitable, given the scale of the spill, that BP would be vilified and probably prosecuted. It is …
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