Market Prices
WTI Oil $92.60 +0.19 Natural Gas $3.00 −0.20 Brent Oil $105.28 +0.96
Settlement Sep 28, 2026
LMJ Land Services

← Back to Insights

U.S. panel exempts Gulf drilling from endangered species rules

A federal panel has approved an exemption allowing oil and gas drilling in the Gulf of America/Gulf of Mexico to proceed without certain endangered species protections, citing national security concerns in a rare decision that could accelerate offshore activity and reshape regulatory oversight.