Biden’s Offshore Oil Ban Is Just Politics: Liam Denning

If an oilfield out in the middle of the sea that was never going to be drilled gets banned by a lame-duck president, would anyone care? Congress might.

President Joe Biden kicked off his last fortnight in office by indefinitely blocking oil and gas development across 625 million acres of federal waters off the East, West and Gulf coasts as well as off Alaska. These account for about 40% of the estimated undiscovered economically recoverable oil and gas resources on the US outer continental shelf, according to ClearView Energy Partners, an analysis firm, citing a Bureau of Ocean Energy Management assessment published ...