REPORT: Offshore Drilling Regulations To Be Axed Under Trump
Article from The Hill by Avery Anapol.
The Trump administration is reportedly moving to roll back a series of safety regulations related to offshore drilling.
The Bureau of Safety and Environmental Enforcement (BSEE) earlier this month submitted a proposal to the White House budget office seeking to revise safety measures, estimating that it would save more than $900 million over the next decade, The Wall Street Journal reports.
The proposal would largely affect safety regulations that were put in place by the Obama administration after the 2010 Deep Horizon disaster, the largest oil spill in U.S. history.
Industry officials argue the safety rules are too broad, and the Trump administration appears to agree.
Read the entire article at The Hill.
Image Credit: By Michael Vadon (Own work) [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)], via Wikimedia Commons