Drilling in the Gulf of Mexico: Regulation and its Discontents
Regulations should focus on ensuring safety rather than limiting production for ideological reasons
By Institute for Energy Research —— Bio and Archives--July 3, 2012
Global Warming-Energy-Environment | Comments | Back To Full Article
In the wake of the Deepwater Horizon spill of 2010 there has been a proliferation of onerous regulation on drilling in the Gulf of Mexico. These policies have caused production in the Gulf to slow down dramatically. The result, not surprisingly, is higher gasoline prices, according to a new study from the Maguire Energy Institute.
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