But perhaps more importantly, the statement from Attorney General Eric Holder shows the administration's "look forward, not backwards" stance on other justice issues makes no moral, ethical, or political sense.
The first signs of a tougher stance toward BP came last week when Obama said there had been a "scandalously close" relationship between oil companies and the agency that regulates them. He also announced that a commission will conduct a six-month investigation into the BP spill.
And that doesn't even include other Bush-era misconduct, such as torture, warrantless wiretapping, bogus wars, domestic spying, and more.
We've already seen signs that the "look forward, not backward" approach on Bush-era crimes is a political loser. And the BP investigation shows that such a policy is a clear ethical loser, as well.
While we suspect that most Americans will welcome the probe into the oil-spill disaster, it should raise serious questions about a double standard in the Obama Justice Department.
What message does the White House seem to be sending? "We are tough on BP executives, but not on former Bush executives."
Is that fair or just? Of course not.