Does It Herald A Decline In The US Offshore Oil And Gas Industry?
” to their offering. “The US Gulf Of Mexico Oil Spill Disaster – Does It Herald A Decline In The US Offshore Oil And Gas Industry?” The US Gulf Of Mexico Oil Spill Disaster – Does It Herald A Decline In The US Offshore Oil And Gas Industry? Summary The Deepwater Horizon oil spill has raised several questions about the future of offshore drilling in the US. The 5,000 barrels per day of oil spilling out from the well has caused serious environmental and economic damage in the Gulf of Mexico. All the attempts to stop the leakage have failed and the spill is now poised to become the largest oil spill in the history of the US oil and gas industry. The spill has once again spurred a backlash against offshore drilling in the US. Consequently, the massive oil spill is expected to play a pivotal role in the formulation of the future oil and gas policies in the US, especially the offshore drilling regulations. The spill will lead to stricter regulations regarding the current drilling in the coun
