delete PART 146—OPERATIONS
Coast Guard safety regulations for offshore (OCS) facilities and mobile offshore drilling units covering emergency equipment, reporting requirements, alarm systems, drills, station bills, markings, and detailed Emergency Evacuation Plans.
This command-and-control regime imposes massive compliance costs while stifling innovation and creating barriers to entry for smaller operators. Safety in hazardous industries is better achieved through general duty standards, robust tort liability, and insurance market discipline—allowing operators flexibility to tailor safety measures to specific conditions rather than mandating one-size-fits-all bureaucratic procedures that assume regulators can centrally plan optimal safety protocols.