The Trump administration has had to rein in expectations for offshore oil drilling, with an aggressive sales pitch and boastful rhetoric mostly being met with tepid interest from the oil industry. In March, oil and gas companies only bought about 1 percent of the acreage on offer in the U.S.’ largest offshore auction in history. The disappointing figures came after a lot of hype from the Trump administration, including discounted royalty rates. Meanwhile, Secretary of Interior Ryan Zinke struck a much more contrite tone in his testimony to Congress last week, after proposing an aggressive offshore drilling plan in January, which was met with pushback from most coastal states. “States matter, local voices matter, you matter, and governors matter,” Zinke told a House panel. “I think I know exactly where everyone sits on both coasts. We are shaping our plan. This is not a rule. This is a plan.” […]