Gulf of Mexico oil and gas drillers could see some relief from a more industry-friendly White House, according to a major energy consulting firm.
That relief probably would not come from Donald Trump's vows to open federal waters to drilling, which could take many years to produce results, if they do so at all. Instead, the president-elect could tweak policy in three areas to make it easier for offshore drillers to turn a profit at a time when oil prices are low, says consultancy Wood Mackenzie.
"Under a Trump administration, operators may have a sympathetic ear," wrote Wood Mackenzie Senior Manager Imran Khan in a note to clients.
Here are the three things Wood Mackenzie believes Trump could do to help offshore drillers.