In last-minute move, Biden bans new offshore drilling in coastal waters to thwart potential Trump expansion

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In last-minute move, Biden bans new offshore drilling in coastal waters to thwart potential Trump expansion - Business Mirror

Quick Summary:

WASHINGTON—President Joe Biden is moving to ban new offshore oil and gas drilling in most US coastal waters, a last-minute effort to block possible action by the incoming Trump administration to expand offshore drilling.

The spokeswoman, Karoline Leavitt, called Biden’s action “a disgraceful decision designed to exact political revenge on the American people who gave President Trump a mandate to increase drilling and lower gas prices.

In balancing multiple uses of America’s oceans, Biden said it was clear that the areas he is withdrawing from fossil fuel use show “relatively minimal potential” that does not justify possible environmental, public health and economic risks that would come from new leasing and drilling.