Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Market Spinning After ‘Most Epic Price Reversal in Oil History’

March 10, 2026

Silicon Valley Abuzz About Adding AI Compute to Engineer Compensation

March 10, 2026

Gulf Producers Slash Oil Output by 5 Million Bpd

March 10, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Trump plans huge oil drilling expansion off California and Alaska coasts
Market News

Trump plans huge oil drilling expansion off California and Alaska coasts

omc_adminBy omc_adminNovember 20, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Oil drilling rigs and support equipment stand on the tundra in Deadhorse, Alaska, on Friday, Sept. 5, 2025.

Nathaniel Wilder | Bloomberg | Getty Images

The Trump administration unveiled plans Thursday for a huge oil drilling expansion off the coasts of Alaska, California and in the Gulf of Mexico.

The Department of Interior proposed 34 lease sales to drill in those waters through 2031, a big expansion compared to the Biden administration program that allowed just three lease sales and only in the Gulf.

The Trump program would include lease sales in 21 areas off Alaska’s coast, six off the Pacific coast and seven in the Gulf of Mexico. It would mark the first time since 1984 that Interior has allowed a new lease in the Pacific, according to the Congressional Research Service.

Interior’s proposal is not a final program. It still must undergo further review.

Interior Secretary Doug Burgum accused the Biden administration “crippling the long-term pipeline of America’s offshore production” by slamming the brakes on oil and gas leasing.

More than 100 Democratic lawmakers expressed their opposition to the plan in an Oct. 30 letter addressed to President Donald Trump and Burgum.

“Expanded oil and gas leasing poses risks to the health and livelihoods of our constituents, jeopardizes our tourism, fishing, and recreation economies, and threatens the marine life that inhabits our coastlines,” the lawmakers wrote.

The Natural Resources Defense Council condemned the Trump plan as egregious and reckless in a post Thursday.

“The proposal would open up untouched waters of Alaska to drilling, attempt to resurrect the offshore oil and gas industry in California, and offer up waters off the coast of Florida that haven’t been put up for leasing in decades — in addition to adding even more leasing in the Gulf of Mexico,” the NRDC said.

“This plan would damage these places, and the people who rely on them, for generations,” the environmental group said.



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Gulf Producers Slash Oil Output by 5 Million Bpd

March 10, 2026

Russia is emerging as the real winner as Iran war upends energy flows

March 10, 2026

First Light News: Trump’s Comments Shake Markets

March 10, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Cheap parcels from China will no longer be duty-free. Here’s what it means for buyers and sellers

May 1, 20259 Views
Don't Miss

Market Spinning After ‘Most Epic Price Reversal in Oil History’

By omc_adminMarch 10, 2026

The market is spinning after the most epic price reversal in oil history, Phil Flynn,…

Deepwater Development Conference to get underway with great momentum

March 10, 2026

The US is leaving an Iranian island untouched

March 10, 2026

Oil plunges after Trump signals Iran conflict may be ending

March 10, 2026
Top Trending

Testing the waters: can pumping chemicals into the ocean help stop global heating? | Pollution

By omc_adminMarch 10, 2026

Bill Gates’ TerraPower Gets Green Light to Build First U.S. Advanced Nuclear Reactor

By omc_adminMarch 9, 2026

Shellworks Raises $15 Million to Scale Plant-Based Biodegradable Plastic Packaging Alternative

By omc_adminMarch 9, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202517 Views

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

Trump Teases Early End to Iran War

March 10, 2026

Aramco Raises Dividend, Launches $3B Buyback

March 10, 2026

Oil Slides Late After Massive Price Swings

March 9, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.