Without access to land-based infrastructure, drillers would need to use expensive alternatives that involve pumping hydrocarbons into massive floating storage stations and transferring oil onto ships for export. But with US crude oil down to $48 a barrel, it’s uncertain whether companies would want to shoulder the extra costs.
Since Trump deemed the rules and regulations put in place following the Deepwater Horizon accident in 2010 “unnecessary”, BOEM has proposed six drilling sites off the California, Oregon, and Washington coasts between 2020 and 2023.
Environmentalists denounced the plan, saying it would impose “severe and unacceptable harm” to America’s oceans, coastal economies, public health, and marine health.
It’s safe to say coastal states aren’t stoked about it either.
Attorney General Xavier Becerra says California “banned offshore drilling for a reason: we don’t want it and because we know what happens when it goes wrong.”
California legislatures are considering a bill that would ban oil pipelines and piers in state-controlled waters, but whether it will work or not is yet to be determined.