View Full Version : On his way out, Obama cedes Arctic energy control to Russia

11-20-2016, 02:24 PM
This isnít really the same as prying the Wís off the keyboards in the Oval Office, but Barack Obama seems determined to leave some unpleasant going away presents for his successor on the domestic energy front. Before leaving office, the President has modified the agreement for future oil exploration leases to eliminate nearly all Arctic sites. Needless to say, the energy industry isnít exactly ecstatic over this. (Politico)

President Barack Obama is throwing up roadblocks to Donald Trumpís pledges to expand offshore drilling, with a new plan that will declare parts of the Arctic off-limits.

Obamaís Interior Department on Friday issued its final five-year road map for offshore oil and gas drilling that took two areas in the Arctic out of contention, dealing a win to environmental groups and obstructing a path to new offshore drilling in the area. The plan is vulnerable to being unraveled by Trump, who has pledged to expand oil and gas production, but it would take at least a few years for him to do so.

This move was being discussed more than a week ago but now it seems official. As recently as April the administration was working with energy industry representatives and developing a plan which would have at least included sites in the Beaufort and Chukchi seas. (It was a stingy offer even then, but half a loaf is better than none.) This comes on the heels of a decision earlier this year to reverse another set of plans which would have allowed for limited energy exploration in the Atlantic between Georgia and Virginia