President-elect Donald Trump said that when he takes office he will “immediately” reverse President Joe Biden’s recent executive action making more than 625 million acres of U.S. coastal waters off limits for new offshore drilling. But Trump’s intent to quickly “unban” any future oil and gas drilling in those areas may not be as simple as he suggests.
Issues: offshore drilling
U.S. Oil Reserves
Q: Are anti-drilling forces blocking access to the world’s largest oil reserve in the western U.S.?
A: The Bakken Formation touted in a chain e-mail isn’t the world’s largest oil reserve. The amount of oil it contains, according to the U.S. Geological Survey, is less than one one-hundredth of the estimate cited in the e-mail.
Environmental Group’s Ad Distorts Bush’s Record on Florida Drilling
It says he “opened up Florida’s coast” to offshore oil and gas wells. That’s off base — by 100 miles.