Expect Trump to ‘open the floodgates’ for offshore drillers, conservation group says

5 Jan 2018   Offshore, USA

A new offshore license schedule from the Trump administration could “open the floodgates” for drillers in the outer continental shelf, an advocacy group said. A spokesperson for the U.S. Bureau of Ocean Energy Management said that very soon the administration would put out a draft on new leases for U.S. territorial waters. President Donald Trump in April signed an executive order that directed Interior Secretary Ryan Zinke to evaluate the five-year moratorium issued by former President Barack Obama prohibiting oil and gas drilling in some U.S. federal waters in the Atlantic and Pacific oceans, the Gulf of Mexico and in the Arctic. Among Trump’s targets was the five-year drilling plan covering 2017-22, issued by Obama’s administration, which barred offshore […]

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