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Business/Finance
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Title: Trump Opens ‘All Available’ Gulf Of Mexico Waters To Oil Drilling
Source: [None]
URL Source: http://dailycaller.com/2017/03/07/t ... to-oil-drilling/#ixzz4ajGWuA2u
Published: Mar 8, 2017
Author: aa
Post Date: 2017-03-08 05:37:10 by HAPPY2BME-4UM
Keywords: None
Views: 424
Comments: 1

The Department of the Interior will include “all available” federal waters in the Gulf of Mexico that have not already been leased out for offshore oil drilling.

Interior Secretary Ryan Zinke announced Monday 73 million acres off the coast of Texas, Louisiana, Mississippi, Alabama, and Florida would be offered at a lease sale in August as part of the Interior Department’s five-year leasing plan.

“Opening more federal lands and waters to oil and gas drilling is a pillar of President Trump’s plan to make the United States energy independent,” Zinke said in a statement.
The Obama administration, however, did not include any lease sales in most of the Arctic Ocean and all of the Atlantic Ocean. The administration initially considered offshore drilling in those areas, but decided not to on the urging of environment groups.

Shortly before leaving office, former President Barack Obama locked up even more offshore areas from drilling, issuing an executive order in December making 31 canyons in the Atlantic off limits to drilling. The order took 3.8 million acres of the Atlantic ocean out of play for drillers.

In that same order, Obama designated “the vast majority of U.S. waters in the Chukchi and Beaufort Seas as indefinitely off limits to offshore oil and gas leasing.”

Read more: http://dailycaller.com/2017/03/07/trump-opens-all-available-gulf-of-mexico-waters-to-oil-drilling/#ixzz4ajHgy9VH

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#1. To: HAPPY2BME-4UM (#0)

Tramp's buddies in the oil and gas business are going to make a lot of money off this.

Darkwing  posted on  2017-03-08   11:59:03 ET  Reply   Trace   Private Reply  


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