Trump moves to dump Obama offshore drilling plan to open up Arctic, Atlantic
http://www.chron.com/business/energy/article/Trump-moves-to-dump-Obama-offshore-drilling-plan-11256701.php June 29, 2017
President Donald Trump has ordered his Cabinet to move ahead on replacing the Obama administration's offshore drilling program, with an eye to opening up the Atlantic and Arctic coastlines to oil and gas development.
In doing so Trump hopes to expand offshore drilling into coastal areas that have long been off-limits to the industry, while undoing a decision by former president Obama that the environmental risks in drilling in the Arctic and Atlantic were too great.
The announcement came during a speech at the Department of Energy in Washington Thursday, as Trump announced a series of energy developments including the approval of a new pipeline to Mexico for petroleum products and a new LNG export terminal in Lake Charles, Louis.
"The truth is we have near limitless supplies of energy in our country," Trump said. "This administration is looking not just American energy independence but American energy dominance. We will export american energy all over the world."
The Interior Department will study the entire U.S. coastline for offshore drilling opportunities, Interior officials said Thursday, adding that Trump had singled out the Beaufort and Chukchi Seas in the Arctic and the southern Atlantic Ocean as opportunities for federal leasing....