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Feds 'reach out' at OTC

05/16/2011
Sam FletcherSenior WriterThe moderator of a panel discussion spoke of federal officials "reaching out" to the industry at the Offshore Technology Conference in Houston during the first week of May. But to this observer it seemed more like a professional fighter reaching out to tap a weaker sparring partner as government and energy leaders discussed in at least 11 OTC sessions the regulatory fallout from last year's Macondo blowout.In one address, lawyer Michael Bromwich said he's decided the Bureau of Ocean Energy Management, Regulation, and Enforcement that he directs has broad authority over virtually any offshore activity related to oil and gas, including the right to regulat...
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