Regulations for offshore oil drilling are lax and pertain only to operators, not the legions of contractors who actually operate the wells. This became apparent in the aftermath of the Deepwater Horizon catastrophe in the Gulf, and needs to be remedied with new regulations and oversight. It is not enough to simply give industry the responsibility of regulating their contractors - voluntary reporting and policing by corporations does not work.
http://www.propublica.org/article/chief-offshore-oil-drilling-regulator-criticizes-lack-of-oversight-and-prom
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