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Trump Proposes Easing Mandates on Drilling in Arctic Waters

Nov. 19, 2020, 5:26 PM

The Trump administration is advancing a plan to ease a host of Obama-era standards governing oil drilling in Arctic waters, though the proposal is unlikely to be finalized before the inauguration of President-elect Biden and the U.S. government has no current plans to sell drilling rights in the region.

  • Proposed rule, which is not yet public, has been submitted to the Federal Register for possible publication as soon as Monday
  • NOTE: Interior Dept. imposed the Arctic drilling mandates in 2016, in some instances codifying steps Royal Dutch Shell Plc voluntarily took during its ill-fated oil exploration in the Chukchi Sea...

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