TELETRADER News
4/25, 6:52 PM (Source: TeleTrader)
more TeleTrader news

Trump's plan to expand offshore oil drilling delayed indefinitely

United States President Donald Trump's plan to expand offshore oil and gas drilling is postponed indefinitely, Interior Secretary David Bernhardt (pictured) told the Wall Street Journal in an interview published on Thursday.

In March, a court in Alaska banned the drilling in the swaths of the Arctic Ocean, forcing the Trump administration to get congressional authority to reopen drillings in the areas.

In the first months of his presidency, Trump signed an executive order which was set to overturn the Obama-era offshore drilling restrictions.

Breaking the News / BM