Published 5 months ago • loading... • Updated 5 months ago

One of Biden's last acts was an offshore drilling ban. Trump's first fight is to undo it.

Summary by Pensacola News Journal

This isn't the first time President Trump has sought to reverse drilling bans. As he learned in his first term, it won't be easy.

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EHN

Left

Trump's push for more drilling clashes with market realities

Despite Donald Trump's efforts to expand offshore drilling, oil companies are sitting on thousands of unused leases in the Gulf of Mexico due to high costs and an oversupply of crude.Tristan Baurick reports for Grist and Verite News. In short:Of the 2,206 active offshore leases in the Gulf, only 448...

5 months ago

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Pensacola News Journal

Center

One of Biden's last acts was an offshore drilling ban. Trump's first fight is to undo it.

This isn't the first time President Trump has sought to reverse drilling bans. As he learned in his first term, it won't be easy.

5 months ago·Pensacola, United States

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El Pais

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meneame.net

Lean Left

Trump’s “drill, baby, drill” runs into reality: The US can’t extract much more oil if the price drops

Donald Trump has started big on energy when he arrived in the White House. The mantra “drill, baby, drill” (which could be translated as “perfora, baby, pierced”) was one of his campaign slogans and launched it just as soon as he began his second term. On his first day he declared the energy emergency in the country, aimed at putting the red carpet on the industry to produce more oil. He promised in his investiture “to lower the price of crude, …

5 months ago·Spain

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Renew Economy

Trump’s “drill baby, drill” plan is a disaster for energy security, and prices

Lessons from Australia teach us that going all-in on fossil fuel exports is a recipe for volatile energy supplies and higher prices. Trump’s "drill baby, drill" will leave Americans vulnerable.

5 months ago

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