Space Industry and Business News  
OIL AND GAS
Trump erases Obama-era offshore rules
by Daniel J. Graeber
Washington (UPI) Jun 21, 2018

Executive action from the U.S. president eases offshore energy planning burdens, an industry group said, though critics said it was a war on oceans.

President Donald Trump signed an executive order Tuesday that supports access to marine data and encourages interaction among stakeholders in ocean, coastal, and Great Lakes waters of the United States. The action erased executive action from former President Barack Obama to ensure U.S. waters are sustainable, protected and resilient to climate change.

Trump has been a vocal supporter of expanding access for oil and gas drillers in U.S. territorial waters and keen to erase his predecessor's legacy. Randall Luthi, the president of the National Ocean Industries Association, said the executive action from the Trump administration is supportive of the offshore energy industry.

"The executive order reverses the misguided course of the 2010 National Ocean Policy," he said in a statement. "This renewed broad vision will hopefully encourage productive partnerships, recognizing a wide variety of ocean uses, all leading to increased economic, environmental and energy security for America through job creation, economic activity, and energy development."

First quarter production from the U.S. Gulf of Mexico was around 1.68 million barrels of oil per day, compared with 8 million bpd from the Lower 48 states. A report from the Federal Reserve Bank of Dallas said there's been a lack of investments in offshore production in the United States because the industry is focused on shale oil, which is quicker to bring to production. Some offshore efforts take much longer to bring to development, but can stay in production for decades.

Trump has worked to unravel some of the safety measures implemented after the Deepwater Horizon oil spill in the Gulf of Mexico, one of the worst offshore spills in the history of the industry. Christy Goldfuss, senior vice president for energy and environment at the Center for American Progress, said the Trump administration has been reckless with offshore policies.

"This order is just the latest attack in what has become an all-out war on America's oceans," she said in a statement.


Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


OIL AND GAS
South Sudan's warring leaders to meet for talks in Ethiopia
Addis Ababa (AFP) June 19, 2018
Nearly two years after fleeing South Sudan's capital amid deadly fighting, rebel leader Riek Machar will meet face-to-face on Wednesday with the country's president, Salva Kiir. The rendezvous in Ethiopia's capital Addis Ababa represents the latest international effort to end more than four years of civil war in the world's youngest nation. Tens of thousands have been killed and millions have been driven out of their homes and into starvation. Kiir and Machar will meet at the invitation of E ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Dutch software makes supercomputer from laptop

Ground-breaking discoveries could create superior alloys with many applications

Scientists predict a new superhard material with unique properties

Shapeshifting minibots printed with 3-D 'ink'

OIL AND GAS
New Land Mobile Technology Driving The Need For Modern Satcom Capabilities

On-the-move communications system set to field this fall

Lockheed Martin's 5th AEHF comsat completes launch environment test

IAP Worldwide Services tapped for satellite systems

OIL AND GAS
OIL AND GAS
UK says shut out of EU's Galileo sat-nav contracts

Woman drowns in Prague drains playing GPS treasure hunt

What exclusion from Galileo could mean for UK

GMV competing to develop the Galileo Ground Control Segment in brand new premises

OIL AND GAS
UK jet expert held over 'Chinese plot for military secrets'

Boeing awarded $1.5B for Hornet, Growler upgrades

Manager of China aircraft carrier builder under graft probe

Boeing, others assessing impact of US-China tariffs

OIL AND GAS
Designer materials with completely random structures might enable quantum computing

Building nanomaterials for next-generation computing

Novel insulators with conducting edges

Toshiba completes $21 bn sale of chip unit

OIL AND GAS
MOF material offers selective, reversible and repeatable capture of toxic atmospheric gas

Ammonia distribution in Earth's upper atmosphere explained

Close encounters of the fishy kind

Decades of satellite monitoring reveal Antarctic ice loss

OIL AND GAS
Wastewater treatment plants are key route into UK rivers for microplastics

Japan passes anti-plastic law but with no sanctions for polluters

Delhi reels as summer haze catches Indian capital off guard

EU Parliament to phase out plastic water bottles









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.