financetom
Business
financetom
/
Business
/
Trump: I will revoke offshore oil, gas drilling ban in vast areas on day one
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump: I will revoke offshore oil, gas drilling ban in vast areas on day one
Jan 7, 2025 9:31 AM

(Reuters) - U.S. President-elect Donald Trump said he will revoke an offshore oil and gas drilling ban announced by outgoing Democratic President Joe Biden, in a press conference on Tuesday.

"Banning offshore drilling will not stand. I will reverse it immediately," Trump said. He added: "I will revoke offshore oil, gas drilling ban in vast areas on day one."

Republican Trump takes office on Jan. 20.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Symbotic Insider Sold Shares Worth $1,004,974, According to a Recent SEC Filing
Symbotic Insider Sold Shares Worth $1,004,974, According to a Recent SEC Filing
Oct 17, 2025
05:04 PM EDT, 10/17/2025 (MT Newswires) -- David A Ladensohn, 10% Owner, on October 16, 2025, sold 13,500 shares in Symbotic ( SYM ) for $1,004,974. Following the Form 4 filing with the SEC, Ladensohn has control over a total of 2,000 Class A common shares of the company, with 2,000 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1837240/000193296725000010/xslF345X05/wk-form4_1760734754.xml ...
Cricut Insider Sold Shares Worth $265,862, According to a Recent SEC Filing
Cricut Insider Sold Shares Worth $265,862, According to a Recent SEC Filing
Oct 17, 2025
05:12 PM EDT, 10/17/2025 (MT Newswires) -- Arora Ashish, 10% Owner, Director, Chief Executive Officer, on Oct. 15, Oct. 16 and Oct. 17, sold 49,665 shares in Cricut ( CRCT ) for $265,862. Following the Form 4 filing with the SEC, Ashish has control over a total of 2,668,146 Class A common shares of the company, with 2,668,146 shares held...
FCPT Announces Acquisition of a Heartland Dental Property for $3.3 Million
FCPT Announces Acquisition of a Heartland Dental Property for $3.3 Million
Oct 17, 2025
MILL VALLEY, Calif.--(BUSINESS WIRE)-- Four Corners Property Trust ( FCPT ) , a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Heartland Dental property for $3.3 million. The property is located in a highly trafficked corridor in Oklahoma...
Avidity Biosciences Insider Sold Shares Worth $1,003,058, According to a Recent SEC Filing
Avidity Biosciences Insider Sold Shares Worth $1,003,058, According to a Recent SEC Filing
Oct 17, 2025
04:36 PM EDT, 10/17/2025 (MT Newswires) -- Teresa Mccarthy, Chief Human Resources Officer, on October 15, 2025, sold 20,000 shares in Avidity Biosciences ( RNA ) for $1,003,058. Following the Form 4 filing with the SEC, Mccarthy has control over a total of 97,130 shares of the company, with 97,130 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1599901/000159990125000198/xslF345X05/wk-form4_1760732822.xml ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved