Tag Archives: the-extend

Today Obama administration replaced the Minerals Management Service, creating the Bureau of Ocean Energy Management, the Bureau of Safety and Environmental Enforcement and the Office of Natural Resources Revenue. Excerpts (GO READ THE ARTICLE!) Bloomberg Obama Replaces Offshore Agency Faulted in BP Spill (Update2) May 19, 2010, 3:06 PM EDT (Updates with Salazar comment in fourth paragraph. See {EXT4 } for more on the Gulf of Mexico oil spill.)) By Jim Efstathiou Jr. May 19 (Bloomberg) — The Obama administration replaced the Minerals Management Service, faulted for lax regulation of offshore drilling before the BP Plc spill last month, with three offices to oversee leases, drilling safety and fee collection. Interior Secretary Ken Salazar signed an order today creating the Bureau of Ocean Energy Management, the Bureau of Safety and Environmental Enforcement and the Office of Natural Resources Revenue. President Barack Obama said on May 15 that he would end the “cozy relationship” between companies that drill for oil and gas and the Minerals Management Service, part of the Interior Department. Its track record has been scrutinized since the BP well blew up on April 20, killing 11 workers and creating an oil spill that continues to spread toward Gulf Coast states from Louisiana to Florida. http://www.businessweek.com/news/2010-05-19/obama-replaces-offshore-agency-fault… ============== Well I am glad to see some action being taken. Lets hope this is a sign of better things to come from teh White House. What do you think about it? added by: twohawks