• 3 days Big Business’ New COVID Initiative: No Jab, No Job
  • 5 days The Most Interesting Stocks Of Earnings Season, For Better or Worse
  • 7 days Chinese Stocks Rebound After Regulatory Scare
  • 9 days Apple Stocks Falls After Blowout Earnings Report
  • 9 days The 5 Biggest IPO Disasters Of 2021
  • 10 days Crypto-Based ‘Shadow Financial Market’ Spooks Regulators
  • 13 days Ireland Balks At Biden’s Global Tax Plan
  • 16 days Robinhood To Trade On Nasdaq Targeting $32B Valuation
  • 19 days Facial Recognition Is Watching You
  • 21 days Biden’s $3.5T ‘Human Infrastructure’ Workaround
  • 21 days The Fed’s $3 Trillion Headache
  • 24 days Why Bitcoin Could Struggle To Recover After Epic Crash
  • 24 days Wells Fargo Back In The Spotlight Over Personal Loan Cancellations
  • 25 days Delta Variant Real Threat To Economic Recovery
  • 28 days JEDI Drama Continues With Microsoft Contract Cut
  • 30 days DiDi Shares Take a Beating From Chinese Regulators
  • 31 days Thousands Of Companies Hit In Latest Ransomware Attack
  • 31 days Jobs Report Has Big Numbers, But Still Big Problems
  • 32 days Robinhood’s ‘Mission’ Questioned in $70M Fine
  • 35 days Didi Just Went Public, And Uber Is Loving It
Oilprice.com

Oilprice.com

Writer, OilPrice.com

Information/Articles and Prices on a wide range of commodities: We have assembled a team of experienced writers to provide you with information on Crude Oil,…

Contact Author

  1. Home
  2. News
  3. Breaking News

U.S. Reinstates Ban On Arctic Oil Drilling

Arctic Drilling

United States District Court for the District of Alaska judge Sharon L. Gleason decided late on Friday to reinstate the drilling ban on millions of acres in the Arctic that President Barack Obama put in place prior to the expiration of his presidential term.

Gleason, an Obama-era appointee, determined that President Trump’s decision to open up Arctic waters to oil drilling was an overreach.

“The wording of President Obama’s 2015 and 2016 withdrawals indicates that he intended them to extend indefinitely, and therefore be revocable only by an act of Congress,” Gleason said, adding that while sitting US presidents do have the power to ban land from being developed with an executive order, they do not have the power to revoke a ban instituted by other presidents with an executive order. Only a vote by Congress can undo an existing ban, Gleason said.

The API was a defendant in the case, and disagreed with Gleason’s ruling, saying the following in a statement carried by Time. “In addition to bringing supplies of affordable energy to consumers for decades to come, developing our abundant offshore resources can provide billions in government revenue, create thousands of jobs and will also strengthen our national security.” Related: 40% Of Americans Are One Missed Paycheck Away From Poverty

Gleason, an Obama-appointee, hasn’t always sided with the environment. In 2012, Gleason slapped a temporary injunction against Greenpeace, ruling in favor of Shell Oil. The ruling meant that Greenpeace had to stay at least 500 meters away from Shell’s drilling ships. A couple months later, Gleason extended her temporary injunction.

President Donald Trump signed the executive order lifting the ban on Arctic offshore drilling in April 2017 in line with his campaign promises to increase American oil production and move toward greater energy independence.

Gleason’s ruling will most likely be appealed and may drag on for years to come.

By Julianne Geiger for Oilprice.com

More Top Reads From Safehaven.com

Back to homepage

Leave a comment

Leave a comment