Sunday, May 16, 2010

Obama vows better scrutiny of oil companies

President Barack Obama took aim Friday at oil companies involved in the Gulf of Mexico oil spill and their officials, calling their congressional testimony this week "a ridiculous spectacle" and promising Americans his administration will be more critical of and less "cozy" with the industry than predecessors were.

Then why is the federal government taking such a "hands off" approach, while BP tries to stop the oil leak, seemingly without supervision?

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