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

Featured image: 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.

The rules in question were put in place following the Deepwater Horizon explosion in 2010, which killed 11 people, injured 16, and caused the worst oil spill in U.S. history.

Siding with the fossil fuel industry, which has complained safety regulations are overly broad, the Bureau of Safety and Environmental Enforcement (BSEE) has proposed scrapping or changing some major requirements, according to the Wall Street Journal. The rules to be changed include one that orders companies to take steps to prevent oil-well blowouts, part of what caused British Petroleum’s (BP) Deepwater Horizon disaster.

The BSEE argued that the word “safe” should be taken out of the rule, to stop regulators from “interpreting the term in a way to withhold certain drilling permits.”

The bureau also proposed eliminating a rule that requires a third party to inspect drilling equipment, like the blowout preventor which failed just before the BP explosion.

The rollback “is literally going back to business as usual,” a former federal official told the Journal, which obtained the BSEE’s proposal.

The oil and gas industry is expected to save about $900 million over the next decade if the proposal is adopted. Fossil fuel companies rake in more than $100 billion in revenue per year, making the annual savings comparatively minor—but as critics and politicians pointed out on social media, the elimination of the Obama-era safety regulations could cost lives as the BP disaster did.


Articles by: Julia Conley

Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article. The Centre of Research on Globalization grants permission to cross-post Global Research articles on community internet sites as long the source and copyright are acknowledged together with a hyperlink to the original Global Research article. For publication of Global Research articles in print or other forms including commercial internet sites, contact: [email protected]

www.globalresearch.ca contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of "fair use" in an effort to advance a better understanding of political, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than "fair use" you must request permission from the copyright owner.

For media inquiries: [email protected]