Government support of oil industry remains funded
~25% of the US government is in shutdown mode, but what is interesting is which parts.
The oil industry support functions remain funded including;
- Interior Department Bureau of Land Management (BLM) is still issuing permits for oil companies to drill wells on federal land and in the Gulf of Mexico
- Energy Information Administration (EIA)
For comparison, other functions remain unfunded including;
- Bureau of Ocean Energy Management (BOEM) postponed offshore wind power generation public meetings
- Federal Aviation Administration (FAA)
Trump administration is prioritizing oil over other commodities.
– Mike Reed
Bloomberg Source Article: Trump Is Giving Oil Industry a Bye in Shutdown, Critics Allege