Departing President Joe Biden is expected to permanently ban new oil and gas drilling in large sections of the Atlantic and Pacific oceans, in a move designed to foil the ambitions of President-elect Donald Trump to make the U.S. entirely self-sufficient in energy supplies.
The New York Times reports Biden intends to invoke an obscure provision of a 1953 law, the Outer Continental Shelf Lands Act, that would give him wide latitude to withdraw federal waters from future oil and gas leasing and choke off the prospect of any further exploration for the essential energy supplies.
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