Trump extends drilling ban off North Carolina, Virginia By Reuters

© Reuters. President Donald Trump descends from Air Force One at Joint Base Andrews in Maryland

NEWPORT NEWS, Va. (Reuters) – U.S. President Donald Trump said on Friday he had extended a ban until 2032 on oil drilling off the coast of North Carolina and Virginia, weeks after a similar extension affecting offshore drilling in the waters off Florida, Georgia and South Carolina.

“I’m extending the moratorium to North Carolina and Virginia,” Trump said to applause at a campaign rally in Newport News, Virginia.

The Trump administration, which has worked to expand U.S. oil and gas drilling and roll back Obama-era rules on pollution from fossil fuels, originally wanted to expand offshore drilling off many of America’s coasts, including Florida.

But proposals for drilling off Florida prompted fierce opposition from tourism, real estate, and environmental interests.

The latest decision could help Republican U.S. Senator Thom Tillis of North Carolina, who is trailing his Democratic challenger, former state senator Cal Cunningham, ahead of the Nov. 3 elections.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function()
{n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘751110881643258’);
fbq(‘track’, ‘PageView’);

by : Reuters

Source link

Capital Media

Read Previous

IMF Global Economy/ China/ Argentina/ Lebanon

Read Next

le milliardaire Jack Ma détrôné par un vendeur d’eau