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Thursday, May 27, 2010

BP Spill Prompts Look at Regulatory Agency


“The Gulf oil spill has given fresh urgency to calls to reform the MMS [Minerals Management Service], which has long been accused of having too cozy a relationship with Big Oil. But as the process of reform starts, new reports are revealing just how intertwined the MMS and Big Oil are – and how difficult it will be to separate one from the other.” (Christian Science Monitor, Thursday)

Imagine that: government regulators and business in a cozy relationship.

FEE Timely Classic
“Business–Government Collusion” by Eric-Charles Banfield