President Biden's executive order on offshore drilling

SOURCE www.foxnews.com
President Biden issues executive order to permanently stop most new oil and gas drilling across U.S. coastal and offshore waters, Trump vows to reverse it but faces legal challenges.

Key Points

  • President Biden issues executive order to halt most new oil and gas drilling along U.S. coasts
  • Trump vows to reverse the order but faces legal obstacles
  • Biden's decision aimed at protecting coastal areas and curbing climate change

Pros

  • Effort to curb climate change
  • Protecting coastal environments and communities
  • Transitioning to clean energy economy

Cons

  • Potential impact on energy prices
  • Legal challenges for reversal