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In 1969 drilling bans were established for offshore California and Florida, and in 1990 President George H. W. Bush banned offshore drilling entirely. Nevertheless, offshore drilling continued in offshore Texas and Louisiana. Offshore drilling became central in the 2008 presidential election, not least because of the oil price increases since 2003.
The primary lobbying group representing the fossil fuel industry joined five Republican attorneys general Friday in a lawsuit challenging restrictions on offshore drilling announced in the waning ...
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 maximize U.S. oil and gas production to ...
President Donald Trump in an executive order on Monday revoked a ban imposed by former Democratic President Joe Biden on new offshore oil and gas development along most of the country's coastlines.
Another argument for offshore drilling is that it will create a load of jobs, which indeed it may. However, being ugly and creating possible health hazards in the coastal waters, the drilling will hurt the tourist industry along the popular coasts, likely causing the loss of many other jobs.
President Biden’s move to bar drilling across the U.S.’s East and West coasts, while splashy, may not have significant climate or energy impacts in the years ahead. Because very little oil and ...
Historically, offshore drilling began by extending known coastal oil- and gas-producing trends out into the ocean. For this reason, most US offshore drilling has taken place offshore Louisiana, Texas, California, and Alaska, areas with coastal onshore oil and gas fields.
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.