Trump Aims to Open Nearly All Federal Waters to Offshore Drilling in Biggest Lease Sale Ever – CNBC

Article Synopsis – The Trump administration announced Thursday a draft proposal to offer offshore blocks to oil and gas drillers in almost all of the U.S. outer continental shelf in the Arctic, Atlantic and Pacific oceans. The five-year offshore lease plan, from 2019 to 2024, would offer about 90 percent of the U.S. outer continental shelf, the largest lease sale ever. The only area that will not be included is the North Aleutian Basin in Alaska. This move, of course, sets the stage for battles with environmental groups and coastal governors opposed to drilling off the shores of states. To read the actual article click here.

By Sharon Gray January 4, 2018 Newsletter