TV News LIES

Friday, Apr 29th

Last update05:20:13 AM GMT

You are here News Energy U.S. agency let oil industry write offshore drilling rules

U.S. agency let oil industry write offshore drilling rules

E-mail Print PDF

The oil industry, not the federal agency that regulates it, plays a crucial role in writing the safety and environmental rules for offshore drilling, a role that critics say reflects cozy ties between an industry and its regulators that need to be snapped.

Nearly 100 industry standards set by the American Petroleum Industry are included in the nation's offshore operating regulations. The API asserts that its standards are better for the industry's bottom line and make it easier to operate offshore than if the Minerals Management Service set the rules.

The agency has a built-in conflict. It's responsible for regulating offshore drilling, but also for leasing tracts on the outer continental shelf and collecting royalties on the oil and gas they produce. The MMS generates more revenue for the federal Treasury than any other agency except the Internal Revenue Service.

So while one arm of the agency is trying to make money, the other tries to regulate an industry where pumping oil sometimes trumps safety and environmental concerns.

TVNL Comment: This is what corporate fascism looks like. This was the model for the Bush administration...the corporate honor system included.

More...


Most Recent Related Stories...


Solar plane reaches California after flight across Pacific

Solar plane crosses pacificA solar-powered airplane reached the San Francisco Bay area and performed a fly-by over the Golden...

New Documents Show Oil Industry Even More Evil Than We Thought

big oilIn 1968, a pair of scientists from Stanford Research Institute wrote a report for the American...

Why North Dakota (aka Boomtown, USA) is running on empty

N Dakota running on emptyIn the mid 2000s hydraulic fracturing - or fracking - coupled with soaring oil prices, made...

Notorious Coal Baron Don Blankenship Sentenced to a Year in Prison

Don BlankenshipA federal judge in West Virginia sentenced former Massey Energy CEO Don Blankenship to a year...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!