Showing posts with label minerals management service. Show all posts
Showing posts with label minerals management service. Show all posts

Friday, 23 July 2010

3 Out of Every 4 Oil Gas Lobbyists Worked for Federal Gov

Key lobbying hires include 18 former members of Congress and dozens of former presidential appointees.

For other senior management positions, the industry employs two former directors of the Minerals Management Service, the since-renamed agency that regulates the industry, and several top officials from the Bush White House.

Source:
http://www.washingtonpost.com/wp-dyn/content/article/2010/07/21/AR2010072106468.html

Tuesday, 15 June 2010

Regulation Is A Vital Part Of Thriving Free Markets

"Franklin Delano Roosevelt, when he hired the famed stock manipulator Joseph P.

Kennedy as the first head of the S.E.C., said, 'Set a thief to catch a thief.' [The Interior Dept.'s Minerals Management Service's] modus operandi was more like setting a thief to help other thieves get away with the loot." - James Surowiecki, in his "New Yorker" piece

Source:
http://downwithtyranny.blogspot.com/2010/06/regulation-isnt-obstacle-to-thriving.html

Thursday, 20 May 2010

US overhauls agency in charge of offshore drilling

The US agency that regulates offshore drilling was broken up into three separate agencies Wednesday as part of a move to end cozy industry relationships exposed by the Gulf of Mexico oil disaster, officials said.

The shake-up came a day after Interior Secretary Ken Salazar told lawmakers the Minerals Management Service, which issued lucrative...

Source:
http://rawstory.com/rs/2010/0519/overhauls-agency-charge-offshore-drilling/