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Oil

It's murky waters when considering expanded US offshore oil and gas drilling

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Listen: It's murky waters when considering expanded US offshore oil and gas drilling

The Trump administration is looking to expand drilling in federal waters in the Gulf of Mexico, Atlantic, Arctic and even the Pacific oceans. To learn more about the prospects of expanded offshore oil and gas production, senior oil editor Brian Scheid and Gary Gentile, chief editor of Platts Oilgram News, talk with Randall Luthi, president of the National Ocean Industries Association and head of the US Minerals Management Service during the George W. Bush Administration.

Luthi talks about why the industry may be most focused on drilling in the mid- and south Atlantic than anywhere, why the five-year leasing plan should be ditched for a long-term, “generational” offshore plan and why royalty rates for oil and gas production need reform.



Related: Find more content about Trump's administration in our news and analysis feature.


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