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Interior Secretary plans rule change to lower costs for Gulf oil, gas firms, boosting energy production.
Interior Secretary Doug Burgum plans to update a federal rule on Friday to reduce costs for oil and gas firms in the Gulf of Mexico, a move aimed at boosting American energy production.
The change will make it easier for energy companies to direct funds toward leasing and exploration, potentially lowering startup costs.
It follows a visit to an LNG export facility and is expected to benefit oil producers significantly.
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El Secretario del Interior planea cambiar las reglas para reducir los costos para las empresas de petróleo y gas del Golfo, impulsando la producción de energía.