The American marine economy continues to fuel economic vitality, according to the statistics from the annual Marine Economy Satellite Account (MESA) released in June 2023 by two U.S. Department of Commerce agencies – NOAA and the Bureau of Economic Analysis (BEA). The marine economy contributed a total of $511 billion to the nation’s gross domestic product...Read More

On April 24, 2025, the U.S. Department of the Interior announced a new policy advancement that is expected to boost offshore oil output in the Gulf of America with the Bureau of Safety and Environmental Enforcement’s (BSEE) approval of Downhole Commingling in the Paleogene (Wilcox) reservoirs by expanding the allowable pressure differential from 200 psi...Read More