The five-member US Chemical Safety Board heard testimony Wednesday from offshore regulators from the UK, Norway and Australia as it seeks to answer the question: could a new regulatory model improve post- Macondo regulation of deepwater oil and gas drilling in the US? All three countries follow a "safety case" model of enforcement that puts the safety burden on the oil and gas industry, which must anticipate and plan for all potential risks. The US employs a more "prescriptive" model in which a regulator sets requirements with which the industry must comply.
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