re: #294 albusteve

Besides blaming an entire industry with an impeccable safety record for BP’s failure, the commission also ignores the failure of federal oversight or advance preparation for such a spill and recommends the creation of another entirely new federal agency to oversee all offshore oil and gas drilling.

The commission did not recommend a needed resumption of offshore drilling under safer rules. It just recommended more rules, costly studies and the hiring of outside “experts” to promulgate new regulations to stifle an already dying industry.

this is how you fix a death grip on industry…it’s not difficult at all for the feds to take control of large swaths of the economy…so one wonders, why are they doing this?

[Link: www.investors.com…]

Did you read/hear about the report? They hardly “ignored the failure of federal oversight.”