New GOM Restrictions Would Cut Oil Output by 24 Percent: API Study

The recently proposed restrictions on oil and natural gas vessels operating in the U.S. Gulf of Mexico would lead to a nearly one-quarter decline in U.S. energy production, the study said.The recently proposed restrictions on oil and natural gas vessels operating in the U.S. Gulf of Mexico would lead to a nearly one-quarter decline in U.S. energy production, the study said.  Read More