On January 2, 2025, President Joe Biden is expected to sign an executive order that will permanently prohibit new offshore oil and gas drilling in selected areas of U.S. coastal waters. This decision aims to establish lasting protections for ecologically sensitive marine regions during the final weeks of his administration.
The executive order will prevent the sale of new drilling rights in specific sections of the outer continental shelf, as confirmed by sources familiar with the plan who requested anonymity due to the non-public nature of the announcement.