All Commentary
Wednesday, May 12, 2010

Big Oil’s Relationship with Regulators Gets New Look

“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.” (New York Times, Wednesday)

Just utter the incantation “regulation” and all will be well. Don’t ask for details.

FEE Timely Classic
“Free-Marketeers Should Welcome Regulation?” by Peter Lewin