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An oil drilling platform in the Gulf of Mexico. (Getty Images) ... The U.S. has produced more oil and natural gas under Biden than under Trump or any other president, according to data from the EIA.
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 ...
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 ...
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 ...
President Biden announced an 11th-hour executive action on Monday that bans new drilling and further oil and natural gas development on more than 625 million acres of U.S. coastal and offshore waters.
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.
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.
Trump himself used the law to ban sales of offshore drilling rights in the eastern Gulf of Mexico off the coast of Florida until 2032. Biden's decision will protect the same area with no expiry date.