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An oil drilling platform in the Gulf of Mexico. (Getty Images) An energy industry researcher says, despite both praise and criticism of President Joe Biden’s executive order banning offshore ...
President Donald Trump in an executive order on Monday revoked a ban imposed by former Democratic President Joe Biden on new offshore oil and gas development along most of the country's coastlines.
The ban does not affect areas where oil and gas development is currently underway, nor are there immediate plans for major drilling projects in the affected areas. Biden is set to discuss the move ...
Which isn’t to say Trump won’t try. While Biden views his offshore drilling ban as a way to hasten the United States’ “transitio[n] to a clean energy economy,” his successor wants to ...
Even Trump used the law to ban sales of offshore drilling rights in the eastern Gulf of Mexico off the coast of Florida through 2032. Biden's decision will protect the same area with no expiration.
From Jan. 20, 2021, to Jan. 19 of this year, the BLM approved 6,430 permits for oil or gas drilling on federal land, compared with 6,172 drilling permits approved during the first two years of the ...
(Reuters) -U.S. President Donald Trump signed an executive order on Monday repealing former President Joe Biden's efforts to block oil drilling in the Arctic and along large areas off the U.S ...
On Monday, Biden barred new drilling off the East and West coasts of the U.S. and in a portion of Alaska and the Eastern Gulf of Mexico. The move leaves the central and western Gulf of Mexico in play.