In the final days of his term, President Joe Biden is set to ban new offshore oil and gas developments in some areas of the U.S. coast, a move that would hinder President-elect Donald Trump’s push for more energy production.
Bloomberg reported on Thursday that Biden is expected to issue an executive order “within days” that would prevent the sale of drilling rights in certain areas of the outer continental shelf. Biden’s move to further ban offshore drilling would be based on a 1953 law that gives the president the power to permanently stop offshore oil drilling in U.S. waters without explicitly giving presidents the power to revoke oil drilling bans enacted by their predecessors, according to Bloomberg.
Biden has been pressured by Democrats and left-wing environmentalists to ban more offshore drilling before he leaves office and Trump takes over on January 20. In 2023, Biden