2 MMbpd from Gulf of Mexico under threat from U.S. government’s environmental impasse
September 9, 2024
World Oil (Bloomberg) – A fight over Gulf of Mexico oil production is looming in Washington as U.S. regulators race to redo guidance on how to protect endangered species ahead of a deadline that could ultimately threaten about 15% of the nation’s crude output. The standoff stems from a scientific assessment that underpins oil and gas operations in the Gulf.
