Dec 25, 2017

Trump admin looks to roll back regulations on offshore drilling

The Deepwater Horizon oil rig. Photo: Petty Officer 1st Class Thomas M. Blue / U.S. Coast Guard via Getty Images

The Trump administration is proposing revisions that would roll back some safety measures that were installed after the Deepwater Horizon oil spill in 2010, the Wall Street Journal reports.

Why it matters: The Bureau of Safety and Environmental Enforcement, which regulates offshore oil and gas drilling, estimates the change would save an estimated $900 million in the next decade and "reverse some risk-reduction measures the industry considered burdensome.” One change: eliminating the word “safe” from one section of the rule.

The proposed changes, per the Journal:

  • Get rid of a requirement that third-party inspectors of critical equipment must be certified by the Bureau of Safety and Environmental Enforcement (BSEE).
  • Striking out the word "safe" from a provision that controls the pressure drillers have to maintain while drilling a well. The BSEE said the use of the word is "redundant."
  • Offshore facility operators won't be required to certified inspectors send reports to BSEE about "mechanical integrity" of equipment.

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World coronavirus updates: UN warns of recession with "no parallel" to recent past

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens and confirmed plus presumptive cases from the CDC

The novel coronavirus pandemic is the "greatest test" the world has faced together since the formation of the United Nations just after the Second World War ended in 1945, UN chief António Guterres said Tuesday.

The big picture: COVID-19 cases surged past 856,000 and the death toll exceeded 42,000 Tuesday, per Johns Hopkins data. Italy reported more than 12,000 deaths.

Go deeperArrowUpdated 1 hour ago - Health

White House projects 100,000 to 240,000 U.S. coronavirus deaths

President Trump said at a press briefing on Tuesday that the next two weeks in the U.S. will be "very painful" and that he wants "every American to be prepared for the days that lie ahead," before giving way to Deborah Birx to explain the models informing the White House's new guidance on the coronavirus.

Why it matters: It's a somber new tone from the president that comes after his medical advisers showed him data projecting that the virus could kill 100,000–240,000 Americans — even with strict social distancing guidelines in place.

Go deeperArrowUpdated 3 hours ago - Health