Weekly report on US Gas and Oil production prepared by the US Energy Information Administration.

Trump Administration Proposes Massive Expansion of Oil Drilling

from The Wall Street Journal,

Plan would open 90% of offshore areas for drilling starting in 2019.

The Trump administration on Thursday proposed opening up nearly all the country’s offshore areas for oil drilling, a move that would touch every coastal state, some that have been off limits to drillers for decades. Under the plan announced Thursday by Interior Secretary Ryan Zinke, the government would issue the largest number of oil-lease sales in U.S. history starting late next year. It would open up 90% of offshore areas for drilling as part of a five-year plan, reversing an Obama-era plan that would have kept only 6% of the same acres available for drilling.

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