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The American Petroleum Institute (API) today issued the following statement regarding the decision by U.S. District Court Judge Martin Feldman to lift the moratorium on deepwater offshore drilling: “We welcome Judge Feldman’s decision to lift the moratorium on deepwater operations in the Gulf of Mexico. “The administration acted appropriately in its immediate steps to inspect every rig in the Gulf following the Deepwater Horizon explosion. Those inspections were necessary to assure Americans that offshore operations were safe and subject to appropriate oversight. “In addition, the oil and natural gas industry took immediate steps to review practices and equipment to ensure safety and environmental protection, through the formation of two industry-wide task forces. The task forces provided important insights to the Department of Interior during its earliest examination of Gulf operations. “Those task forces, and two recently created ones, are actively working to fi...

America’s thoughts and prayers are with all those affected by the oil spill in the Gulf of Mexico. An enormous effort is currently underway to contain and resolve the spill. Safety is a core value of the oil and natural gas industry. We follow and constantly improve best practices for safe offshore operations, including training, operational procedures, regulations,industry standards and technology. We remain committed to continually improving our strong safety record, and we take seriously our role in finding and producing energy for American consumers. API has developed a  Q&A on Transocean Deepwater Horizon Incident, Oil Spill and Subsequent Issues that addresses some of the news reports and questions about the incident.  It also discusses industry standards and best practice documents that contain guidance and recommendations to address safety concerns. Here are some other resources that provide more information on the Deepwater Horizon resp...

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