re: #751 b_sharp

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Regulations should have been in place, and enforced, before deep water drilling was licensed. Unfortunately, that is not reality either.
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Regulations were in place, the regulator screwed up and approved the faulty plans. All the warning signs were there, the regulators missed them. There is no evidence of a failure of regulations, and every evidence of a failure of the regulators.

BP made some bad judgement calls, and the regulators approved each and every one of them. I doubt any of these mistakes will be made again, the lesson has been learned. But sure, let’s go on and on about regulation and de-regulation and pretend that is the issue with this incident.