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Exclusive | Trump admin will boost Gulf of America oil production by 100K barrels a day under new drilling policy
“This is a monumental milestone in achieving American energy dominance,” Interior Secretary Doug Burgum said in a statement of the shift, which could boost production by up to 61% in the next 30 ye…
nypost.com
WASHINGTON — The Interior Department is helping to increase oil production in the newly renamed Gulf of America by 100,000 barrels per day under a new policy following President Trump’s executive order aimed at “Unleashing American Energy,” The Post can reveal.
Interior Secretary Doug Burgum announced that all offshore oil drilling in the Gulf will now be able to tap multiple reservoirs at the same time — and at far higher pressure than previously allowed — to immediately boost output by around 10%.
The department cited a September 2023 study from the University of Texas that found that over the next 30 years, up to 61% more oil can be produced than currently.
