I'm not sure why this is being downvoted, other than that it isn't precise. I'm general you can't trust regulators or legislators at the federal level.
I'd prefer if drilling for oil in the gulf were illegal, not legal with regulatory oversite, for example. I don't think a pessimistic outlook on the reliability of federal oversight is unwarranted, given my (admittedly dim) view of how the process has worked in the past.
To be more constructive: I'm up for substantive suggestions for ensuring more transparent and reliable oversite than exists today.