Donald Trump Signs Executive Order Easing Offshore-Drilling Regulations

29 Apr 2017   Offshore

President Donald Trump signed an executive order Friday to ease regulations on offshore drilling and eventually allow more to occur, particularly in the Arctic Ocean. The order, which takes aim at last-minute Obama administration actions restricting drilling in the Arctic and Atlantic oceans, will likely have limited immediate impact owing to low oil prices, which make drilling in the affected areas economically unattractive. It…

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