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Biden to Ban New Oil Drilling Over Vast Stretch of US Atlantic, Pacific Waters

www.bloomberg.com Biden to Ban New Oil Drilling Over Vast Stretch of US Atlantic, Pacific Waters

President Joe Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory, ruling out the sale of drilling rights in Atlantic and Pacific waters as well as the eastern Gulf of Mexico.

Biden to Ban New Oil Drilling Over Vast Stretch of US Atlantic, Pacific Waters

Because of how the law allowing this ban was written, it'll take a vote in congress or a win in court to reverse it, not just executive action.

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