That is a good question. The presidential report that was produced after the spill had a number of major conclusions, but the most obvious conclusion we can all draw is that deregulation was one of the main causes for that incident.
Whether we are talking about environmental impact studies or authorization and permit processes, if the regulation processes are eliminated regardless of other protection standards, Canadians are going to pay the price, not only in the communities affected by the spills, but also for restoring the environment.
Companies definitely have legal responsibilities. For instance, BP will have to pay $40 billion. We will see what is going to happen with that lawsuit. At any rate, investing in the industry regulation process is definitely worthwhile.