Interior Department announces plan to weaken safety regs on offshore drilling sites
In a move that delighted the oil and gas industry, the U.S. Department of the Interior announced its intention to weaken safety regulations at offshore drilling sites. The proposed revisions include removing a deadline for well-failure investigations and ending a requirement for more frequent inspections by independent certified auditors. The Trump administration is specifically targeting rules that were put in place after the horrific BP Deepwater Horizon explosion, which killed 11 workers and thousands of marine animals. Two-hundred million gallons of oil spilled into the Gulf of Mexico as it took BP 87 days to stop the leak—and cost the company nearly $62 billion. So fossil fuel companies are OK with cutting safety regulations, risking irreparable damage to ecosystems, endangering human lives, and chancing a price tag like that? You might want to invite some oil execs to poker night. These guys sure are some terrible gamblers.