Environment

Oil and Gas Companies Say Trump is Going Too Far

JM Ashby
Written by JM Ashby

Oil and gas industry insiders who spoke to Politico say they don't necessarily like being regulated but, at the same time, they're also concerned that the Trump regime's reckless crusade will bite them in the ass.

More specifically, they're afraid the public will (rightfully) blame the entire industry when the next major accident happens.

Among their fears: Laxer rules could set the stage for an environmental disaster like 2010’s BP oil spill in the Gulf, which blackened the industry’s reputation and spurred a regulatory clampdown. [...]

A person at one oil and gas company expressed similar worries. "It's not helpful if regulations are streamlined so as to allow something to happen — say, a methane explosion or a spill — and we'd be painted with it as an entire industry," said the person, who requested anonymity to speak freely.

In addition, some large companies that have already spent money to comply with Obama-era regulations fear being undercut by unscrupulous competitors if the Trump administration reverses those rules.

The fear that an "unscrupulous" competitor will skimp on safety and cause a major incident is a very well-founded fear. We've seen that happen many times even during periods of tighter regulation. It stands to reason then that these companies should not fucking support lawmakers and candidates who promise to turn regulatory policy into the wild west.

Maybe you don't like regulations. I get it. But have you considered that some of the regulations are for your own good?

If they're now pondering the consequences of disaster under Trump, they clearly have considered that some regulations may be for their own good, but I'm afraid it's too late for hindsight.

Even if major disaster does happen, that won't necessarily stop them from backing the wrong horse in the next election or the next session of Congress. In so many words, I guess I'm saying these industry insiders are right about Trump, but they're still completely full of shit.

  • mnpollio

    I think they have gorged on this diet of “all regulation is bad” nonsense that granddaddy turd Reagan spouted that they would never condone even the slightest hint of regulation if they can help it. How else to explain after that debacle in West Virginia where the drinking water was tainted for months that the ringing answer (supported by most WV citizens no less) was to cut regulations! In this day and age, if anyone is still delusional enough to believe that old canard about how corporations can successfully regulate and discipline themselves, then they should be in a padded room. Coming soon: Industries that can now pardon themselves in honor of our orange turd in chief.

  • Scopedog

    In so many words, I guess I’m saying these industry insiders are right about Trump, but they’re still completely full of shit.

    Pretty much nailed it, Ashby.

  • muselet

    The petroleum industry got exactly what it wanted in the 2016 elections: an entire government full of people who think deregulation is the first commandment.

    That it is now terrified of the consequences when—not if—a pipeline ruptures or an offshore oil rig blows out would be hilarious if it weren’t so pitiful. This is what you asked for, now live with it.

    I wonder if Amazon has a good price on tar and feathers …

    –alopecia

  • Dread_Pirate_Mathius

    Maybe you don’t like regulations. I get it. But have you considered that some of the regulations are for your own good?

    Well, gee, fucking, golly.

    What a goddamn novel thought.

    If only the small-government fanatics could get this through their monumentally thick skulls.

    • Username1016

      C’mon, everyone knows us libtards just make up regulations to cripple businesses (because we hate businesses) and create busy-work for bureaucrats (because we love big government!). No larger purpose to ’em at all, no sirree!

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    • Scopedog

      If only the small-government fanatics could get this through their monumentally thick skulls.

      They could, but it would require rather large amounts of blasting powder–or perhaps Semtex.