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Oil Industry Surprised By Trump’s Extension Of Offshore Drilling Ban. The Only Question Is ‘Why?’

September 10, 2020

Via: Forbes

At a campaign event in Jupiter, Florida on Tuesday, President Donald Trump signed an executive order that didn’t garner a lot of media attention. The President ordered his Department of Interior (DOI) to extend the moratoria that currently exist on drilling off the coasts of Florida, South Carolina and Georgia when they expire in 2022.

This announcement is really not at all surprising, although Politico quoted some anonymous “industry officials” as claiming to have been caught off-guard by it.

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