An aerial view of an oil tanker and storage tanks at Exxon Mobil’s Beaumont oil refinery, which produces and packages Mobil 1 synthetic motor oil, in Beaumont, Texas, U.S., March 18, 2023.
With just 14 days left before he hands over the keys to Donald Trump, Joe Biden has banned offshore oil and drilling along almost the entirety of the US. The ban will cover the entire East Coast, the eastern Gulf of Mexico, and the coast off of California, Oregon, and Washington, as well as a large part of Alaska.
The ban prevents companies from leasing new drilling along 625 million acres, which Ron Neal, chairman of the Independent Petroleum Association of America Offshore Committee, said would limit the industry’s exploration of new projects, hurting its ability to survive in the long term.
In his announcement of the ban, Biden explained that he made the decision because “drilling off these coasts could cause irreversible damage to places we hold dear and is unnecessary to meet our nation’s energy needs.” Trump has called the ban “ridiculous.”
Won’t Trump just reverse it? Trump won the election promising to drop gas prices by reversing Biden’s environmental policies, increasing drilling, eliminating regulations, and supercharging America’s fossil fuel industry.
But he might not be able to “drill, baby, drill” so fast. Biden has passed the protections without an expiration date and has the authority to withdraw areas from drilling under the Outer Continental Shelf Lands Act of 1953. Back in 2017, Trump tried to reverse waters that had been protected under the Obama administration but was told by the courts that the act was irreversible by succeeding presidents.
Still, the ban could be reversed in other ways. An act of the Republican-controlled Congress could do the trick. Trump is also likely to challenge it despite the precedent, a decision that would spur a legal battle that would likely be decided by the Supreme Court, whose conservative majority hasn’t shied away from overturning environmental protections in recent terms.
America’s new National Security Strategy confirms what Europeans have feared for months: Washington now sees a strong, unified European Union as a problem to be solved, not an ally to be supported.
In this episode of Tools and Weapons, Microsoft Vice Chair and President Brad Smith sits down with Ed Policy, President and CEO of the Green Bay Packers, to discuss how purpose-driven leadership and innovation are shaping the future of one of the world’s most iconic sports franchises. Ed shares how technology and community-focused initiatives, from Titletown Tech to health and safety innovations on the field, are transforming not just the game of football, but the economy and culture of Green Bay itself. He explains how combining strategic vision with investment in local startups is keeping talent in the Midwest and creating opportunities that extend far beyond Lambeau Field.
Subscribe and find new episodes monthly, wherever you listen to podcasts.
More than a week after Hondurans cast their ballots in a presidential election, the country is still stuck in a potentially-dangerous post-election fog.