"We really see those changes as a modernization of the regulatory requirements," says Debra Phillips, senior vice president at the American Petroleum Institute.
Phillips says much of the original rule was left in place. She says other parts of it were overly prescriptive and didn't take into account that individual deep water wells can have very different characteristics. She says the rule changes give drillers more flexibility. "You've got opportunities to customize your technology based on the realities of the drilling situation which, at the end of the day, can actually make the site safer," says Phillips.A lot of the regulatory changes were made in consultation with industry groups, such as API. That alone generates skepticism among critics, especially now that President Trump has"We know that when they drill, they spill," says Hoskins.
It's worth noting that in the past decade there hasn't been another major offshore spill in the U.S. like the Deepwater Horizon. In fact, the two companies standing by to cap a well blowout have never even deployed their billions of dollars' worth of equipment for anything other than drills. And not all offshore drilling accidents are the same. A 2004 spill happened when Hurricane Ivan toppled a rig in the Gulf of Mexico and underground wells were buried in a mudslide. It took"I've gotten the question over the years, 'Is it safe to drill?'" says retired Coast Guard Admiral Thad Allen, who was the national incident commander for the Deepwater Horizon oil spill response.
The media at the time were forlornly wandering the beaches, looking for oil with little success. Today, the media are forlornly wandering the country in a virtual way looking for otherwise healthy, non-elderly Wuhan Virus victims with no underlying conditions. Similar results.
I wonder about that. They said it was prepared 10 years ago too
Yeah, and monkeys will fly out of their butts.
No regulations are needed, just more security measures, the oil industry gives employment to all humanity in some way, in the not too distant future everything will change for new technologies, and environmentalists will find another way of living
Bs. This entire industry can't go extinct fast enough
Environmentalists caused the problem. Time to remove the restrictions that forced BP to drill in such deep water in the first place. It was those restrictions which led to an oil leak being so deep that technology wasn’t in existence to immediately fix it.
It’s still bleeding into the Gulf.
Do we still have regulations?
Or we could just stop drilling for oil in the Gulf. We've already done irreparable harm there, and we have less than 10 years to radically changed our energy production and consumption in order to avoid the worst case scenarios in the climate crisis. Just something to chew on.
Buy an electric car and kill this industry.
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Source: BusinessInsider - 🏆 729. / 51 Read more »