In 2010, the Inspector General of the US Interior Department made public a report on the federal Minerals Management Service, which regulates the oil industry and profits from leases to it. In addition to this glaring conflict of interest, MMS has apparently not only been “cozy” with the industry it is regulating, the two have been as one. One inspector said, “We are all the oil industry.”
The full essay is at Institutional Conflicts of Interest, available in print and as an ebook at Amazon.
Tuesday, June 1, 2010
A Recipe for Regulatory Recidivism: the MMS and FAA
