04/10/2017

Trump Says No More, Issuing Order To Terminate Obama’s Off-Shore Drilling Bans

The Young Conservatives

Those waiting for Trump to irritate the Left with another executive order may not have to wait much longer.

According to Bloomberg, Trump is preparing to open the door to oil companies for more offshore drilling with an upcoming executive order.

The coming order is set to push the Interior Department to schedule sales of new offshore oil and natural gas rights in U.S. Atlantic and Arctic waters, amending a five-year Obama administration leasing plan that left out auctions there, according to an industry representative who has discussed it with officials. 

The order is also expected to begin the process of revoking former President Barack Obama’s decision to indefinitely withdraw most U.S. Arctic waters and some Atlantic Ocean acreage from future leasing.

This decision will be celebrated by those that have long touted the potential benefits of offshore drilling.

Interior Secretary Ryan Zinke stated in March, that “opening more federal lands and waters to oil and gas drilling” was a pillar of Trump’s plan to make the United States “energy independent.”

Read full article



You May Also Like:

Lois Lerner Doesn’t Trust You William McGurn, The Wall Street Journal

The Fed Is Getting A New Head. But Thinking Is What's Needed Steve Forbes, Forbes.com

Men, Stop Virtue-Signaling And Return To Rules Ben Shapiro, National Review

FCC Lays Out Plan To Roll Back "Net Neutrality” CBS News

Report: Conyers Settled Wrongful Dismissal Complaint Over 'Sexual Advances’ [Watch] Olivia Beavers, The Hill

Why Have Liberals Been Such Horrendous Hypocrites On Women's Rights? Roger L. Simon, PJ Media

Bernie, Stop Fibbing About Canada's Single-Payer Disaster Sally C. Pipes, Investor’s Business Daily

Hillary: Corrupt, Clueless, Coddled David Prentice, American Thinker

Rule By One Man: Judge Declares Sanctuary Cities Law Of The Land Daniel Horowitz, Conservative Review

Janet Yellen Leaving Federal Reserve In 2018: Good Riddance [Watch] Andrew Moran, Economic Collapse News

How Fewer Obamacare Options Hurt A 4-Year-Old Robert Moffit, Daily Signal

Socialist Academics Contributed To The Rise Of The Third Reich Brittany Hunter, Foundation for Economic Education

The Perfect Coda For Cordray's Tenure: Nullifying The Payday Lending Rule Norbert Michel, Forbes.com

Why Amazon Is Buying Up All Those Cryptocurrency URLs James Poulos, The Federalist

How Two Governments Protect Liberty Better Than One John O. McGinnis, Library of Law and Liberty

For More go to the Home Page >>>

Search

Bookshelf

FreeMarket Central

Some titles recent, all recommended -

Special Video Feature

FreeMarket Central

Voices From The 2017 International Students For Liberty Conference

In Search Of History

When America Was Truly The Land Of Opportunity

For [early immigrants] America was truly the land of opportunity. For the first time in their lives, many were truly free to pursue their own objectives. That freedom released the human energies which created the United States. There were few government programs to turn to and nobody expected them. But also there were few rules and regulations. There were no licenses, no permits, no red tape to restrict them. They found, in fact, a free market, and most of them thrived on it. 

-- Milton Friedman,

Shadow Stats Snapshot


FreeMarket Central

ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    FreeMarket Central BLS: 4.1%
    FreeMarket Central Shadow Stats: 21.6%
  • Inflation:
    FreeMarket Central October Year-to-Year: 2.23% (CPI-U*)
    FreeMarket Central Shadow Stats: 10.0%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]