"U.S. To Split Up Agency Policing the Oil Industry"

"The Obama administration on Tuesday proposed breaking up the agency responsible for both policing the oil industry and acting as its partner in drilling activities, seeking to end a decades-old relationship between industry and government that has proved highly profitable -- and some say too cozy -- for both.

The administration has been under pressure to address weaknesses in federal oil regulation since the BP well blowout in the Gulf of Mexico three weeks ago.

On Tuesday, Interior Secretary Ken Salazar said he planned to cut the agency that oversees the industry, the Minerals Management Service, in two. One office would be responsible for public safety and environmental enforcement and the other in charge of leasing and revenue collection. Details of the proposal are still being worked out."

John M. Broder reports for the New York Times May 11, 2010.

Wednesday, May 12, 2010