Resist the Mainstream(@ResisttheMS):The Trump administration has finalized a $480 million loan to oil and gas company Arena Energy to boost production in the Gulf of Mexico. The funding will be used to modernize 22 offshore platforms off the coast of Louisiana. The project is expected to add up to 38,600 barrels of oil and 77 million cubic feet of natural gas per day, and is also expected to create nearly 3000 jobs.

Resist the Mainstream

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Resist the Mainstream@ResisttheMS

2026.11.11 16:58

The Trump administration has finalized a $480 million loan to oil and gas company Arena Energy to boost production in the Gulf of Mexico. The funding will be used to modernize 22 offshore platforms off the coast of Louisiana. The project is expected to add up to 38,600 barrels of oil and 77 million cubic feet of natural gas per day, and is also expected to create nearly 3000 jobs.