Home » Biden Bans Oil Drilling in Huge Coastal Areas Ahead of Trump Inauguration

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Biden Bans Oil Drilling in Huge Coastal Areas Ahead of Trump Inauguration

The Biden Administration on Monday put more than 625 million acres of the U.S. coastal areas off limits for offshore drilling in a move that incoming President Donald Trump may find difficult to reverse. President Joe Biden – using his authority under Section 12(a) of the Outer Continental Shelf Lands Act – is issuing two Presidential Memoranda to protect all U.S. Outer Continental Shelf areas off the East and West coasts, the eastern Gulf of Mexico, and additional portions of the Northern Bering Sea in Alaska from future oil and natural…

Biden Bans Oil Drilling in Huge Coastal Areas Ahead of Trump Inauguration

Source: Oil Price

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