US oil industry doesn’t see profit in Trump’s ‘pro-petroleum’ moves

Some high-profile oil and gas industry leaders and organizations have objected to changes to long-standing government policy positions that give companies firm ground on which to make their plans. 

 And the financial picture around oil and gas drilling is moving against the Trump administration's hopes. Though politicians may tout new opportunities to drill offshore or in Arctic Alaska, the commercial payoff is not clear and even unlikely...

https://theconversation.com/us-oil-industry-doesnt-see-profit-in-trumps-pro-petroleum-moves-270518 

 

GAO raises concerns about government inspections of offshore pipelines | TheHill

"The business model of drilling our oceans for a quick buck and sticking the public with the cleanup bill is coming to an end," House Natural Resources Committee Chairman Raúl Grijalva (D-Ariz.) said in a statement on the report. "Our oceans are there for all of us, not just oil and gas companies, and if they can't behave responsibly on their own, this Congress will be happy to step in and set some overdue boundaries," Grijalva added...

https://thehill.com/policy/energy-environment/549111-gao-raises-concerns-about-government-inspections-of-offshore

In reversal, Trump to ban oil drilling off coasts of Florida, Georgia and South Carolina - The Washington Post

The move comes after the White House previously proposed a huge expansion of drilling off U.S. coasts. Democratic and Republican governors have resisted offshore oil exploration.....
https://www.washingtonpost.com/climate-environment/2020/09/08/reversal-trump-ban-oil-drilling-off-coasts-florida-georgia-south-carolina/

Political appointees urged rollback of Deepwater Horizon-inspired safety regs over staff objections: report | TheHill

Political appointees at the Department of the Interior overruled staff objections to a rule that eased offshore drilling regulations, according to a report from The Wall Street Journal on Wednesday. The report has already spurred a congressional request asking the agency to turn over its rulemaking documents. ....
https://thehill.com/policy/energy-environment/484837-political-appointees-urged-rollback-of-deepwater-horizon-inspired

Interior hands out nearly 1,700 waivers to offshore drilling safety rules - POLITICO

The most common waivers were those that allowed the companies to sidestep tighter rules for blowout preventers...
https://www.politico.com/story/2019/02/25/offshore-drilling-trump-administration-interior-department-1190762

Dems introduce bills to block offshore drilling - The Hill

A group of House Democrats introduced a suite of eight bills Tuesday aimed at blocking President Trump's proposal to expand offshore oil and natural gas drilling around the country. ....
https://thehill.com/policy/energy-environment/424418-dems-introduce-bills-to-block-offshore-drilling