Excerpt from Press Release, Wes Benedict, LP National Director, June 18:

"The president could have taken the opportunity to talk about getting government out of the energy industry, and allowing the free market to guide the future of energy production. Unfortunately, he instead blamed the free market for government failures, and discussed his hopes of increasing government interference in the energy industry.

"For decades, Libertarians have warned against putting trust in government regulatory bureaucracies like the Minerals Management Service (MMS). While costing the taxpayers a lot of money, these agencies generally fail to deliver the kind of protections they promise, they tend to become corrupt, and they discourage vigilance on the part of citizens by lulling them into a false sense of security.

"When large companies and the government start working together, the results can be disastrous. Congressional liability caps, the MMS bureaucracy, and BP have all cooperated to create a costly disaster that should never have happened."

http://www.lp.org