According to the Wall Street Journal the Obama ministrations attempt to regulate offshore drilling after the oil spill in the gulf might be side tracked due to new problems involving climate change policy and monetary issues. The vote on whither or not to fund offshore drilling regulations and the operations of the environmental protection agency was canceled after the committee realized that they needed more time to look over the budget increase from 184 to 250 million dollars. Also along with this some democrats have asked for the EPA to take a break in regulating greenhouse gases as they feel that this will help the economy and unemployment. Many people believe that if they do not get the money needed the job will not be done effectively enough. A company called mineral management service has also been attacked here because they only had 55 inspectors for 3000 oil and gas facilities. The company said that they will have new regulations coming out soon.
In my own personal opinion the new budget increase will be needed in order to regulate offshore drilling properly. This is a necessity as regulations are needed to prevent more oil rig disasters. This shows good ethics on the part of the Obama administration and on the part of mineral management service. Overall i feel this increase must happen and that regulations must be implemented in order to prevent another disaster.
-Ryan Parker
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