• 3 minutes Oil Price Could Fall To $30 If Global Deal Not Extended
  • 8 minutes Why Is America (Texas) Burning Millions of Dollars Per Day Of Natural Gas?
  • 11 minutes Is $60/Bbl WTI still considered a break even for Shale Oil
  • 15 minutes CNN:America's oil boom will break more records this year. OPEC is stuck in retreat
  • 13 mins The Pope: "Climate change ... doomsday predictions can no longer be met with irony or disdain."
  • 23 hours Hormuz and surrounding waters: Energy Threats to the World: Oil, LNG, shipping markets digest new risks after Strait of Hormuz attack
  • 1 day As Iran Nuclear Deal Flounders, France Turns To Saudi For Oil
  • 23 hours The Magic and Wonders of US Shale Supply: Keeping energy price shock minimised: US oil supply keeping lid on prices despite global risks: IEA chief
  • 3 hours Middle East on brink: Oil tankers attacked off Oman
  • 9 hours Russia removes special military forces from Venezuela . . . . Maduro gone by September ? . . . Oil starts to flow ? Think so . .
  • 1 day Never Knew Gasoline Prices were this important!
  • 14 hours Plants are Dying
  • 6 hours The Latest: Iranian FM Says US Cannot Expect To ‘Stay Safe’
  • 1 day (Un)expectedly: UK Court Sets Assange U.S. Extradition Hearing For February 2020
  • 20 hours We Are Better Than This
  • 9 hours Emmissions up, renewables nowhere
  • 2 days Britain makes it almost 12 days with NO COAL

Washington Relaxes Offshore Oil Production Rules

offshore goliat

The latest step taken by the Trump administration in supporting the energy industry has been the relaxation of safety rule for offshore oil and gas production, put in place following the Deepwater Horizon disaster caused by BP in 2010, Reuters reports, citing a document its reporters had seen.

The Deepwater Horizon platform exploded in April 2010, resulting in 11 casualties, many injured and the worst marine environmental disaster in the history of U.S. oil, with almost 5 million barrels leaking into the Gulf of Mexico. The disaster cost BP around US$65 billion in settlements and compensation.

Afterwards, the Obama administration began a quest to tighten drilling rules offshore, which led to a series of new regulations that oil companies complained will only raise their costs but have no palpable impact on safety.

Now, the Interior Department has revised the safety systems regulation put into place in 2016, which means that, for instance, a requirement that an independent third party needs to certify devices used in well-drilling, will no longer apply. Also, changes have been introduced in the requirements for oil and gas producers to notify the relevant government agencies about the start of production from a well and to report failures of their equipment.

Echoing the main concerns voiced by the energy industry when the rules were introduced, the Interior Department said in the document seen by Reuters that, “certain provisions in that (2016) rulemaking created potentially unduly burdensome requirements for oil and natural gas production operators on the Outer Continental Shelf, without meaningfully increasing safety of the workers or protection of the environment.”

Naturally, as much as the new changes have pleased the energy industry, they have angered environmentalists. Reuters quoted a Sierra Club official as saying the changes, which will probably be made public later today, are an “example of this administration’s shameless attempts to please corporate polluters, no matter the cost to workers’ safety, our health, or the environment.”

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:

Join the discussion | Back to homepage

Leave a comment
  • David Jones on September 29 2018 said:
    Possibly the most callous administration any democratic country has elected. The USA and the world in general will be paying for their actions for decades, maybe centuries.
  • Randall on September 28 2018 said:
    USA is on the road to 15 million bbl/day production. The East Coast and West Coasts are hardly tapped. Big fields in Alaska are coming on line. There is some chance that California will have a Republican governor.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News