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A person fishes with offshore oil and gas platform Esther in the distance on January 5, 2025 in Seal Beach, California. President Joe Biden has permanently banned future offshore oil and gas ...
Despite some fluctuations due to new deep-water discoveries and technological advancements, offshore production continues to play a crucial role in the U.S. energy landscape. [1] In 2023, federal offshore tracts produced approximately 15% of the oil and 2% of the natural gas in the United States.
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 ...
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 maximize U.S. oil and gas production to ...
This represented a 10% decline in those favoring offshore oil rigs since 2014. Generally, people who live within 25 miles of the coastline oppose offshore oil drilling more so than those who live farther from the coast. Also, Democrats oppose additional rig development at a rate of 71%, while only 22% of Democrats favor more offshore oil rigs.
And while Biden's support among self-described independents was up significantly — that group favored Trump 38% to 31% for Biden, with 32% undecided, compared with Trump leading that bloc 45%-18 ...
Critics accuse President Joe Biden of waging a war on the oil industry that is hurting consumers at the gas pump. And yet, on his watch, US oil production is poised to shatter all-time records set ...
The U.S. is producing more oil than ever, and that's helping gas prices stay low. However, even amid inflation anxiety, the Biden administration isn't openly celebrating the increased output.