The administration has proposed a sweeping opening of America’s waters to oil drilling. But politics and industry realities will rein in the ambitions
The Trump administration has rolled out its first five-year offshore lease plan, a highly ambitious programme that would open nearly every mile of America’s coastline from California to Maine to Alaska to Florida to oil and gas drilling.
It’s a typically Trumpian opening gambit—flood the zone with an audacious initial proposal knowing the end result will get chopped down.
