Platts Energy Week television featured an update on the latest report from a White House commission investigating the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. Randall Luthi, president of the National Ocean Industries Association, and Elgie Holstein, senior director with the Environmental Defense Fund discussed the report’s controversial findings, which were critical of both industry and government actions.

Topics of discussion include:

  • The commission”s call for independent Interior Department safety office to enforce safety standard in the oil & gas industry.

  • The commission”s call for oil & gas industry to pay more fees to support safety regulation, raising the $75 million liability limit.

  • Opportunity to bring them forward best practices of oil & gas industry.

  • Bipartisan support for coastal restoration in the Gulf Coast region.

  • Commission questions the culture of safety in the oil & gas industry and recommends the formation of an independent agency to police safety in the oil & gas industry in the United States.

  • Experts call for careful collaboration between the industry and regulators to police safety in the oil & gas industry.

  • Commission”s report underscores that the U.S. govt. had difficult time keeping up with the technically complex operations of the oil & gas industry.