Will Trump allow oil drilling off Jersey Shore?

Specifically, the executive order will reverse part of a December effort by President Barack Obama to deem the bulk of US -owned waters in the Arctic Ocean and certain areas in the Atlantic as indefinitely off limits to oil and gas leasing.

Earlier this week, Trump signed an executive order to review 21 years worth of national monument designations.

In a move decried by environmentalists and climate change experts, President Donald Trump on Friday signed an executive order for his administration to scrutinize federal rules that bar offshore drilling.

This morning the president stated the order allows for the creation of thousands of high paying American energy jobs.

"The federal government itself estimates a 75 percent chance of a major oil spill in the Arctic's Chukchi Sea if drilling proceeds there". The executive order will rescind that effort by the former president. The Santa Barbara Democrat said her bill will prevent new drilling in federal waters by curtailing companies' ability to transport new oil and gas through coastal waters controlled by the state. Further, it could take years for Trump to unwind Obama's five-year drilling plan.

"When Deepwater Horizon exploded, Floridians saw firsthand the catastrophic consequences of offshore drilling", U.S. Rep. Charlie Crist, a Florida Democrat, said in a statement.

"It's a new day and a new attitude for American energy", said the group's president, Randall Luthi.

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'California will fight this every step of the way, ' Sen.

George Edwardson, president of the Inupiat Community of the Arctic Slope, said his council may consider filing suit at some point to challenge an expansion of offshore drilling. He likened this to another executive order this week that directs a review of national monuments on public lands.

On his 99th day in office, President Donald Trump signed an executive order to make offshore drilling easier, which leaves marine life and their habitats vulnerable. "So it would be a natural fit for the industry to expand out and look to see what resources might be there".

Jill McLeod, a partner at global law firm Dorsey & Whitney, said Trump's order was a positive signal to the oil industry but was unlikely to trigger a surge in exploration in the near term given the costs. But he said revenue from offshore leasing had dropped by $15 billion during the Obama administration, with some of that due to the dropping price of oil, "but not all of it".

"This order will cement our nation's position as a global energy leader and foster energy security for the benefit of the American people without removing any of the stringent environmental safeguards that are now in place", Zinke said in a call with reporters on Thursday.

The U.S. ranked ninth in the world at the end of 2014 for total proved oil reserves with 55 billion barrels, and fifth for the most natural gas reserves with 10.4 trillion cubic meters, according to British Petroleum's (BP) Statistical Review of World Energy report published last June.

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