The Oil Shore

Trump undoes another Obama era ban:
The action would fulfill campaign promises Trump made last year when he routinely vowed that under a Trump administration, the U.S. would increase domestic energy production, which includes offshore drilling for crude oil and natural gas.

Trump already signed an executive order last week to undo nearly all of Obama’s climate policies. The order also directed the Interior Department and other government agencies to proactively find ways to undo Obama-era climate policy.

However, it will likely take a year or two to completely rid the government of Obama’s drilling lease plan, given its complexity and deep roots. But it will be worth it considering the billions of crude oil reserves that are ripe for harvest.
The sea awaits to give up its crude...

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