5 Jan 2025

Biden to ban new oil drilling over vast areas of US Atlantic, Pacific waters, Bloomberg News reports

7:18 am on 5 January 2025
HUNTINGTON BEACH, CALIFORNIA - OCTOBER 09: Cleanup workers search for contaminated sand and seaweed in front of drilling platforms and container ships about one week after an oil spill from an offshore oil platform on October 9, 2021 in Huntington Beach, California. The heavy crude oil spill affected close to 25 miles of coastline in Orange County. Huntington Beach is open but the public is not allowed to enter the water.   Mario Tama/Getty Images/AFP (Photo by MARIO TAMA / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

Cleanup workers search for contaminated sand and seaweed on California's Huntington Beach after a spill from an offshore oil platform in October 2021. Photo: AFP / Mario Tama

President Joe Biden is set to ban new offshore oil and gas development across 250 million hectares of US coastal territory, Bloomberg News reported on Friday.

The ban, to be announced on Monday, rules out the sale of drilling rights in stretches of the Atlantic and Pacific oceans and the eastern Gulf of Mexico, said the report, citing unidentified people familiar with the matter.

Biden is leaving the possibility open for new oil and natural gas leasing in the central and western areas of the Gulf of Mexico, which account for around 14 percent of the nation's production of these fuels, the report said.

The White House did not immediately respond to a Reuters request for comment outside of business hours.

The ban would solidify Biden's legacy on addressing climate change and his goal to decarbonise the US economy by 2050.

The New York Times reported that a section of the law Biden's decision relies on, the Outer Continental Shelf Lands Act, gives a president wide leeway to bar drilling and does not include language that would allow President-elect Donald Trump or other future presidents to revoke the ban.

Biden, Trump and Trump's predecessor, Barack Obama, all used the law to ban sales of offshore drilling rights in some coastal areas.

Trump tried in 2017 to reverse Arctic and Atlantic Ocean withdrawals Obama had made at the end of his presidency, but a federal judge ruled in 2019 that the law does not give presidents the legal authority to overturn prior bans.

- Reuters

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