6/05/2010

What Obama did after the oil spill


Just some general comments. First, I think that it some what strange to look to Washington to direct these operations and thus unfair to blame Washington. On the other hand, the reason for putting up this link is that Obama has claimed that this has been his top priority and that he was on this from the beginning. If he is going to claim he did certain actions, it seems fair to me to see whether he did them. My own approach would be to impose liability on BP to make sure that they have the right incentives to stop this and clean it up. I think that the government has little competence in running these responses to oil problems, and the environmental rules that require environmental impact studies have delayed responses.

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