Bud's Offshore Energy (BOE)

From Western Australia Business News:

The gulf between the Western Australian government and Canberra continues to widen, with state mines and petroleum minister Norman Moore writing to local oil and gas companies for support to block plans for a single national oil regulator.

Comment: What is Mr. Moore offering the companies in return for their support? This “turf” battle shows why you can’t have multiple authorities regulating the same facilities.  Disputes, self-interest, conflicting agendas and priorities,  and “turf” issues drain too much energy from the regulators and the industry being regulated.  Concerns about critical operational risks are superseded by coordination activities and debates about who is in charge.