With the One Big Beautiful Bill Act (OBBBA) now signed into law, industries and their trade associations are either finding much in it to like, or not. So what’s in it for
Image: Department of the Interior
With the One Big Beautiful Bill Act (OBBBA) now signed into law, industries and their trade associations are either finding much in it to like, or not. So what’s in it for the offshore industry? More for offshore oil and gas than for offshore wind.
“This is a major milestone for the Gulf of America,” said National Ocean Industries Association (NOIA) president Erik Milito. “With President Trump’s signature, OBBBA will restore certainty to the offshore oil and gas leasing process, bringing back the predictability that unlocks investment, protects affordable energy, and strengthens our national security.
“Energy security is national security. And energy affordability impacts every American household. When Gulf of America lease sales disappear, so do the jobs, investment, and energy production that lift communities from Louisiana to Pennsylvania and across all 50 states. The Gulf of America provisions in OBBBA reverse that trend,
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