January 10, 2025
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Ukraine News Today

The US is preparing a ban on drilling oil wells near the coast

The US is preparing a ban on drilling oil wells near the coast. The Biden administration plans to ban the drilling of oil and gas wells on the territory of 2.5 million square meters. km of the US coast. The restrictions will cover the coasts of the Pacific and Atlantic oceans and the eastern part of the Gulf of Mexico.”, — write on: unn.ua

The administration of US President Joe Biden is preparing to announce a new ban on drilling oil and gas wells around a large part of the country’s coast. This is reported by Bloomberg UNN.

Details

According to data, restrictions will apply to more than 2.5 million square meters. km of the coast of the Pacific and Atlantic oceans, including the eastern part of the Gulf of Mexico.

The decision is part of a plan to protect coastal ecosystems from fossil resource development and minimize the risk of oil spills. At the same time, oil production in the central and western parts of the Gulf of Mexico, which provides about 14% of the total production in the country, will remain unchanged.

The new policy, which will be announced in the near future, could have long-term consequences and complicate plans to increase energy production put forward by the previous administration. Environmentalists have hailed the initiative as an important step in protecting the oceans, while oil and gas industry advocates have expressed concerns about a decline in U.S. energy power amid growing demand for electricity.

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