Trump Set To Open Atlantic Coast To Oil, Gas Drilling

[Rhiannon12866]

The U.S. Administration is getting ready to announce as early as this week a plan to expand oil and gas drilling in U.S. offshore waters, including in the Atlantic, Bloomberg reported on Tuesday, citing people familiar with the plan.

In April this year, President Donald Trump issued an executive order directing the Department of the Interior to revise the schedule of proposed oil and gas lease sales, to include, but not limited to, the Western Gulf of Mexico, Central Gulf of Mexico, Chukchi Sea, Beaufort Sea, Cook Inlet, Mid-Atlantic, and South Atlantic. The East Coast is a territory that President Barack Obama had ruled out as an area for drilling.

According to Bloomberg’s sources, the new plan responds to the oil industry’s drive to have more areas to drill. The new offshore oil drilling plan would be for the five years from 2019 to 2024 and would replace the Obama drilling plan that ends in 2022.

At the end of June this year, Secretary of the Interior Ryan Zinke opened up the public comment period for a new five-year National Offshore Oil and Gas Leasing Program on the Outer Continental Shelf (OCS), as per President Trump’s executive order from April. Back then, the Department of the Interior said that the 2017-2022 Five Year Program would continue to be executed until the new National OCS Program is complete.

While the oil industry supports the new plan that would open up more areas for oil and gas exploration, opposition against drilling in the Atlantic has been growing, and coming from businesses in Republican states and even some Republican lawmakers.


More: https://oilprice.com/Latest-Energy-News/World-News/Trump-Set-To-Open-Atlantic-Coast-To-Oil-Gas-Drilling.html

[TreasonousBastard]

1. Is there oil off Mar-a-Lago? We know there's a lot of gas there.

[Nitram]

2. He won't make friends in Virginia, Florida, or North Carolina that way. Too many tourism dollars

at stake.

[Canoe52]

3. More and more, tRump reminds me of the greedy banker Potter

in the movie It’s A Wonderful Life.



You know, I’ve used the puke emoticon so many times this last year!

[Rhiannon12866]

4. I certainly agree! He can't leave anything untouched!

He sees every single thing in this country as a way to either get back at someone (Obama) or generate cash for himself! And I have practically worn out this one --->