Commodities and Futures News

Trump: I will revoke offshore oil, gas drilling ban in vast areas on day one

2025.01.07 12:27

(Reuters) – U.S. President-elect Donald Trump said he will revoke an offshore oil and gas drilling ban announced by outgoing Democratic President Joe Biden, in a press conference on Tuesday.

© Reuters. FILE PHOTO: U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach, Florida, U.S. January 7, 2025. REUTERS/Carlos Barria/File Photo

“Banning offshore drilling will not stand. I will reverse it immediately,” Trump said. He added: “I will revoke offshore oil, gas drilling ban in vast areas on day one.”

Republican Trump takes office on Jan. 20.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 95,415.56 1.18%
ethereum
Ethereum (ETH) $ 2,714.96 1.42%
xrp
XRP (XRP) $ 2.48 2.81%
tether
Tether (USDT) $ 1.00 0.02%
bnb
BNB (BNB) $ 644.17 3.27%
solana
Solana (SOL) $ 160.51 5.77%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.230131 5.64%
cardano
Cardano (ADA) $ 0.737677 4.10%
staked-ether
Lido Staked Ether (STETH) $ 2,710.79 1.25%
tron
TRON (TRX) $ 0.242761 0.42%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,503.59 0.90%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,252.46 1.03%
chainlink
Chainlink (LINK) $ 16.77 5.83%
sui
Sui (SUI) $ 3.27 3.92%
avalanche-2
Avalanche (AVAX) $ 23.94 6.75%
stellar
Stellar (XLM) $ 0.31951 3.42%
the-open-network
Toncoin (TON) $ 3.72 1.10%
litecoin
Litecoin (LTC) $ 122.84 3.01%
leo-token
LEO Token (LEO) $ 9.75 0.49%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 4.19%
hedera-hashgraph
Hedera (HBAR) $ 0.204877 4.31%
usds
USDS (USDS) $ 1.00 0.05%
mantra-dao
MANTRA (OM) $ 8.47 0.52%
weth
WETH (WETH) $ 2,718.77 1.17%
hyperliquid
Hyperliquid (HYPE) $ 22.04 9.34%
polkadot
Polkadot (DOT) $ 4.78 5.40%
bitcoin-cash
Bitcoin Cash (BCH) $ 317.92 2.97%
bitget-token
Bitget Token (BGB) $ 4.93 2.97%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.02%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,883.42 1.12%
uniswap
Uniswap (UNI) $ 8.70 3.45%
monero
Monero (XMR) $ 234.40 0.20%
whitebit
WhiteBIT Coin (WBT) $ 27.50 0.06%
near
NEAR Protocol (NEAR) $ 3.31 4.30%
pepe
Pepe (PEPE) $ 0.000009 4.59%
aave
Aave (AAVE) $ 238.90 2.87%
dai
Dai (DAI) $ 0.999563 0.04%
bittensor
Bittensor (TAO) $ 409.69 5.00%
ondo-finance
Ondo (ONDO) $ 1.09 5.36%
aptos
Aptos (APT) $ 5.79 3.21%
internet-computer
Internet Computer (ICP) $ 6.87 3.93%
tokenize-xchange
Tokenize Xchange (TKX) $ 38.89 2.31%
official-trump
Official Trump (TRUMP) $ 15.28 5.67%
ethereum-classic
Ethereum Classic (ETC) $ 19.92 3.30%
mantle
Mantle (MNT) $ 0.891755 2.34%
gatechain-token
Gate (GT) $ 23.08 1.69%
okb
OKB (OKB) $ 48.23 2.39%
susds
sUSDS (SUSDS) $ 1.04 0.24%
sonic-3
Sonic (prev. FTM) (S) $ 0.863241 7.71%