Politics & Government

January 11, 2011 11:08 AM

Oil spill panel blames lax oversight, poor safety standards

Lulled by success, the U.S. wasn't prepared for a catastrophe the size of the Deepwater Horizon oil spill, and it needs additional government regulation and tougher industry self-policing to improve the safety of deepwater drilling, the presidential commission investigating the Gulf of Mexico disaster found.

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