President-elect Donald Trump plans to reverse President Joe Biden's recent executive action that made over 625 million acres of U.S. coastal waters off-limits for new offshore drilling. However, Trump's ability to do so may be legally challenging.
Key Points
Biden used authority granted by the Outer Continental Shelf Lands Act to ban offshore drilling
Legal challenges may arise if Trump attempts to reverse the ban unilaterally
Congressional action or legal maneuvers may be necessary to overturn Biden's ban
Pros
Potential to increase oil and gas production in U.S. coastal waters
May lead to economic benefits for stakeholders in the oil and gas industry
Cons
Could pose environmental risks and harm to coastal communities and marine ecosystems
May result in increased greenhouse gas emissions and contribute to climate change