Excerpt
The Obama administration said Monday that it would require significantly more environmental review before approving new offshore drilling permits, ending a practice in which government regulators essentially rubber-stamped potentially hazardous deepwater projects like BP’s out-of-control well.
The administration has come under sharp criticism for granting BP an exemption from environmental oversight for the Macondo well, which blew out on April 20, killing 11 workers and spewing nearly five million barrels of oil into the Gulf of Mexico.
The more stringent environmental reviews are part of a wave of new regulation and legislation that promises to fundamentally remake an industry that has operated hand-in-glove with its government overseers for decades.
Needless to say, the oil industry does not like this, but what do you expect from an industry that put THEIR profit ahead of safety, environmental, and other concerns?
They also play the "jobs card." Do you really think Big Oil is going to die just because they are more closely watched? Really? I think not. It is just scare tactics.
Message to oil industry, safety and environment comes FIRST.
I hope this review is very stringent.
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