Tighter regulations to follow Gulf oil spill

Congressional pressure on federal agencies, especially the Interior Department’s Minerals Management Service, is likely to lead to tighter rules for the oil and natural gas sector.

The Senate Homeland Security committee kicked off a series of hearings examining the government’s role in the cleanup of the massive oil leak threatening the U.S. Gulf Coast on Monday with testimony from Homeland Security Secretary Janet Napolitano.

Full story: Scenarios: Tighter regulations to follow Gulf oil spill | Reuters