New Offshore Oil Regulations Respond to Key Failures of Deepwater Horizon Spill

Stringent Rules Will Cost Industry Billions, but Gulf of Mexico Remains a Central Focus for Obama Administration Key Takeaways: The Deepwater Horizon spill in April 2010 spewed 4.9 million barrels of oil into the Gulf of Mexico over a 87-day period The DOI responded by announcing a spate of offshore oil and gas regulations that…