On Tuesday, U.S. President-elect Donald Trump announced his intention to reverse an offshore oil and gas drilling ban that was put in place by the outgoing administration.
The ban, introduced by Democratic President Joe Biden, is set to be rescinded as one of Trump’s first actions upon taking office.
Trump, who is scheduled to be inaugurated as the 45th President of the United States on January 20, declared his plans during a press conference.
He emphasized his commitment to revoking the ban, stating, "Banning offshore drilling will not stand. I will reverse it immediately." Trump further asserted his resolve by saying, "I will revoke offshore oil, gas drilling ban in vast areas on day one."
Trump’s announcement is likely to be welcomed by the oil and gas industry, which has been advocating for fewer restrictions on drilling activities.
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