3:48 (Dow Jones) Ticonderoga strategist John Stolzfus notes, broadly, BP troubles "remind us that government by necessity is becoming an ever bigger presence in the markets - not only in the energy sector but in financials, food processing, health care and sundry other areas as the dark side or albeit failure of downsizing and nearly dismantling regulatory presence in a host of industries over the last thirty years went from de-regulation to de facto self-regulation to near or no regulation." Ramping regulation back up "will likely lead to bureaucracy with added costs that will challenge levels of profitability until industries affected learn to live and work with a re-regulated environment," he adds. (john.shipman@dowjones.com) Call us at (212) 416-2181 or email john.shipman@dowjones.com Visit the Market Talk blog at www.djnmarkettalk.com. (END) Dow Jones Newswires June 18, 2010 15:48 ET (19:48 GMT)