GAO Targets Drilling Regulators On High-Risk List

Law360, New York (February 16, 2011, 4:45 PM EST) -- The U.S. Government Accountability Office on Wednesday released its list of federal agencies and programs most in need of heightened oversight and broad reform, targeting offshore drilling regulators for the first time alongside perennial contracting, safety and regulatory concerns.

The GAO High Risk List, a biennial report to Congress on which programs contain the greatest potential for mismanagement and fraud, listed the U.S. Department of the Interior's management of federal oil and gas resources for the first time among its list of 30 highest-risk areas, citing...
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