Tuesday, June 15, 2010

It turns out we are living in a libertarian paradise. Cheers!

Regulations permit oil and gas industry to regulate itself. The Interior Department’s Minerals Management Service—the agency responsible for managing oil and gas resources on the Outer Continental Shelf and collecting royalties from companies—decided in 2005 that oil companies, rather than the government, were in the best position to determining their operations’ environmental impacts. This meant that there was no longer any need for an environmental impact analysis for deepwater drilling, though an earlier draft stated that such drilling experience was limited. In fact, MMS “repeatedly ignored warnings from government scientists about environmental risks in its push to approve energy exploration activities quickly, according to numerous documents and interviews.” And an interior general analysis even found that between 2005 and 2007 MMS officials let the oil industry to fill out their own inspection reports.

Got that? NO ENVIRONMENTAL IMPACT STATEMENT NEEDED FOR DEEPWATER DRILLING. BP cut every possible corner on that well, they had no safety plan if something went wrong, because the US Governmant apparently have all the copies of "Atlas Shrugged" checked out of their libraries. Here's proof -- ll dead, uninmaginable disaster in the Gulf of Mexico -- that perhaps a bit of oversight is a good thing. Let's think about this. If you're a rational human and you know your own very personal bonus depends on you saving money, and there is no regulation forcing you to, say, drill a safe well, well then why not maximize your personal wealth, plus looking good to your supervisors?

Environment? What's that? Something you see out the window?

Quote above, and many more environmental time bombs planted by the Bssh administration, found here.

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