Obama Cancels Lease Sales and Withdraws Federal Lands from Oil and Gas Development
Obama "Permanently" Bans Drilling in Atlantic and Arctic
By Institute for Energy Research —— Bio and Archives--December 26, 2016
Global Warming-Energy-Environment | Comments | Back To Full Article
President Obama is trying to preserve his legacy by removing areas of federal lands from oil and gas development. He has modified his offshore lease plan for fiscal years 2017 to 2022 to remove areas offshore in the Atlantic and the Arctic and he has cancelled lease sales in Montana and Colorado. Further, he has "permanently" removed large areas in the Arctic and along the Atlantic Coast from oil and gas development. Despite these moves, a recent lease sale in Alaska achieved very large bids and a survey of Alaskans showed keen interest in oil and gas development.
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