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Joe Biden to Block More Offshore Oil Drilling Ahead of Trump's Return: Bloomberg

  • President Joe Biden is expected to permanently ban new oil and gas drilling in large sections of the Atlantic and Pacific Oceans, as well as other federal waters, according to two people familiar with the plans.
  • Biden intends to invoke an obscure provision of a 1953 law, the Outer Continental Shelf Lands Act, that would give him wide latitude to withdraw federal waters from future oil and gas leasing.
  • The move would also cement Biden’s legacy on climate change as he prepares to leave the White House after a single term.
  • Biden has prioritized conservation while in office and is already on track to protect more U.S. Lands and waters than any other president, even as he faces mounting calls to expand that record with new national monuments safeguarding culturally significant land in California.
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arcamax.com broke the news in on Thursday, January 2, 2025.
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