| | Congressional investigators think they have identified the rigs blowout preventer as the cause of the explosion. <ref>[http://online.wsj.com/article/SB10001424052748703339304575240323493707434.html Congress Homes In on Rig's Blowout Preventer,] Ben Casselman and Jennifer Levitz, ''Wall Street Journal Online,'' 13 May 2010.</ref> The blowout preventer was leaking hydraulic fluid, had a dead battery,<ref>Ibid.</ref> and was inspected by the Obama Minerals Management Service (MMS) only two weeks before to the explosion<ref>White House Press Office, [http://www.whitehouse.gov/the-press-office/press-briefing-bp-oil-spill-gulf-coast Press Briefing on the BP Oil Spill in the Gulf Coast,] 29 April 2010. Retrieved from whitehouse.gov 12 May 2010.</ref> which killed 11 people. Blowout preventers are meant to shut off the well, and the last line of defense is a set of shear rams which cut the pipe and seal off the well.<ref>Congress Homes In on Rig's Blowout Preventer, Ben Casselman and Jennifer Levitz, ''WSJ Online,'' 13 May 2010.</ref> The MMS, the [[Obama administration]] agency that regulates offshore drilling along with the Coast Guard, is supposed to require proof that shear rams are powerful enough to shut the well. Michael Saucier, MMS's regional supervisor testified before Congress that the MMS didn't check to see if BP was compliant with the [[federal]] regulatory requirements.<ref>Ibid.</ref> | | Congressional investigators think they have identified the rigs blowout preventer as the cause of the explosion. <ref>[http://online.wsj.com/article/SB10001424052748703339304575240323493707434.html Congress Homes In on Rig's Blowout Preventer,] Ben Casselman and Jennifer Levitz, ''Wall Street Journal Online,'' 13 May 2010.</ref> The blowout preventer was leaking hydraulic fluid, had a dead battery,<ref>Ibid.</ref> and was inspected by the Obama Minerals Management Service (MMS) only two weeks before to the explosion<ref>White House Press Office, [http://www.whitehouse.gov/the-press-office/press-briefing-bp-oil-spill-gulf-coast Press Briefing on the BP Oil Spill in the Gulf Coast,] 29 April 2010. Retrieved from whitehouse.gov 12 May 2010.</ref> which killed 11 people. Blowout preventers are meant to shut off the well, and the last line of defense is a set of shear rams which cut the pipe and seal off the well.<ref>Congress Homes In on Rig's Blowout Preventer, Ben Casselman and Jennifer Levitz, ''WSJ Online,'' 13 May 2010.</ref> The MMS, the [[Obama administration]] agency that regulates offshore drilling along with the Coast Guard, is supposed to require proof that shear rams are powerful enough to shut the well. Michael Saucier, MMS's regional supervisor testified before Congress that the MMS didn't check to see if BP was compliant with the [[federal]] regulatory requirements.<ref>Ibid.</ref> |
| − | Nobel Laureate in Economics, Dr. [[Paul Krugman]],<ref>[http://nobelprize.org/nobel_prizes/economics/laureates/2008/ Economics 2008.] Retrieved from Nobel.org 10 May 2010.</ref> who has been highly critical of Obama [[Obama administration corporate bailouts|economic policy]]<ref>[http://www.businessandmedia.org/articles/2009/20090331151429.aspx Krugman Garners Newsweek Cover for Left-Wing Criticism of [[Obamunism|Obamanomics,]] ] Julia A. Seymour, ''Business & Media Institute'', 3/31/09.</ref> wrote a column entitled "The oil spill is Obama's fault" in his regular ''New York Times'' opinion column, ''Conscience of a Liberal.'' It should be noted, however, that Krugman opened the article with the line, "No, I haven’t lost my mind — that’s not what I believe."<ref>[http://krugman.blogs.nytimes.com/2010/04/30/the-oil-spill-is-obamas-fault/?src=twt&twt=NytimesKrugman The Oil Spill Is Obama’s Fault,] Paul Krugman, ''New York Times '' Op-Ed, April 30, 2010,</ref> | + | Nobel Laureate in Economics, Dr. [[Paul Krugman]],<ref>[http://nobelprize.org/nobel_prizes/economics/laureates/2008/ Economics 2008.] Retrieved from Nobel.org 10 May 2010.</ref> who has been highly critical of Obama [[Obama administration corporate bailouts|economic policy]]<ref>[http://www.businessandmedia.org/articles/2009/20090331151429.aspx Krugman Garners Newsweek Cover for Left-Wing Criticism of [[Obamunism|Obamanomics,]] ] Julia A. Seymour, ''Business & Media Institute'', 3/31/09.</ref> wrote a column entitled "The oil spill is Obama's fault" in his regular ''New York Times'' opinion column, ''Conscience of a Liberal.'' <ref>[http://krugman.blogs.nytimes.com/2010/04/30/the-oil-spill-is-obamas-fault/?src=twt&twt=NytimesKrugman The Oil Spill Is Obama’s Fault,] Paul Krugman, ''New York Times '' Op-Ed, April 30, 2010,</ref> |