Since the offshore oil rig spill in the Gulf of Mexico, federal regulators at the Minerals Management Service (MMS) have been coming under increasing scrutiny for whether they were negligent in overseeing the rigs owned by BP and others. At a press conference this morning, Sen. Bill Nelson (D-FL) compared it to the SEC’s failure to enforce regulations leading up to the financial crisis. Ironically, MMS was all set to hold its annual “2010 Annual Industry SAFE Awards Luncheon” on May 3. Perhaps recognizing that now is not the time to applaud the oil industry for safety on the job, MMS postponed the event.