WRITTEN BY JACK MCEVOY ON JUN 24, 2022. POSTED IN LATEST NEWS
Biden Mulls Banning All Offshore Drilling As Energy Crisis Worsens
offshore oil rig platformThe Biden administration is mulling the prospect of banning new American offshore oil and natural gas drilling projects as fuel prices continue to spike, The New York Times reported Thursday.
The Interior Department’s Bureau of Ocean Energy Management, working closely with the White House to shape policy, will release its drafted five-year plan for new oil and gas drilling leases in federal waters to Congress by June 30, according to The New York Times, citing people familiar with the matter. [bold, links added]
The administration is likely to stop new offshore drilling projects in the Atlantic and the Pacific, and is considering whether to end leasing in the Arctic and Gulf of Mexico.
https://climatechangedispatch.com/biden-mulls-banning-all-offshore-drilling-as-energy-crisis-worsens/
