The International Association of Drilling Contractors (IADC) issued the following statement in response to the Trump Administration’s announcement regarding the 10-year extension of the moratorium in the Eastern Gulf of Mexico and expansion to the South Atlantic:
“IADC believes these waters can be developed safely and in an environmentally responsible manner. A ban on responsible energy development unnecessarily impedes the United States’ energy leadership position and diminishes national security. It reduces the return to the taxpayers for responsible production of our nation’s natural resources.
In response to today’s Senate vote to advance the United States, Mexico, Canada Agreement (USMCA) trade deal, IADC President Jason McFarland said:
“The Senate’s vote today to advance the USMCA trade deal is good news for the economies of the United States, Mexico and Canada.