Reuters – The Trump administration’s plan to broadly expand drilling in U.S. offshore waters is moving slowly due to opposition from coastal states and indifference from oil companies that have turned their focus to other opportunities.
The administration hopes encouraging U.S. energy development outside of shale oilfields will further its goal of “energy dominance.” But existing Obama administration lease rules remain in place through 2022 unless the new rules gain approval.
The Department of the Interior this year proposed opening vast new acreage in the U.S. outer continental shelf to drilling. The comment period wrapped up March 9. Still, Secretary Ryan Zinke said last week he remained deep in discussions with state governors, some of whom have thrown up roadblocks that would impede or bar drilling off their coasts.
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