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OFFSHORE & ENERGY

Courtesy: Sunam Suwim ing to get their feet under them, but the concept is that tion. “I think we have to look at it carefully. If the United this group will eventually identify areas that might need States has a good energy policy that assures that we have a additional research. “As we look to the future in deeper robust exploration program, we’ll have the ability to have waters, as we see higher pressures, higher temperatures and excess oil to export. Part of that is the offshore world and make sure that these things are done safely, this will be an that’s why the Atlantic sale is so important. And, if we can important part of that effort,” adds Luthi. open up more of the OCS it would be a great thing for our economy and our energy situation.”

Federal Regs: It’s also helpful, says Luthi, to look back at what hap- too much, just right, or not enough? pened in the mid-1980’s when the last ‘oil crunch’ took

Randall Luthi says the answer is all three, actually. “You’ll its toll on the offshore industry. There are lessons to be hear all three, as it continues to be tested out. For some learned, but, he adds, it doesn’t make the current situation things, it’s just too early to tell. For instance, the safety any easier to overcome. “That’s always a dif