In Bid to Save Big Oil $900M, Trump Moves to Scrap Offshore Drilling Safety Rules
The BSEE proposes eliminating regulations that were put in place in response to the deadliest offshore drilling disaster in U.S. history
The Deepwater Horizon oil spill, found to be partially caused by lax safety regulations, killed 11 people and injured 16. (Photo: Florida Sea Grant/Flickr/cc)
The oil and gas industry is poised to save hundreds of millions of dollars over the next decade thanks to a rollback of offshore drilling safety regulations that have been proposed by the Trump administration—including the elimination of the word “safe” from one rule.