North America
February 21, 2018
Fossil Fuels | Natural Gas
Policy Brief
How Trump’s Regulatory Rollback for America’s Energy Producers is Gaining Momentum
Legal Challenges and Market Forces Likely to Hinder Push for Deregulation
Federal agencies have reacted quickly to President Trump’s executive order, issued in March 2017, on reducing undue burdens on domestic energy production. On February 16, the Department of the Interior (DOI) announced the date for the largest sale of oil and gas leases in U.S. history. Scheduled for March 21, the sale will include all available areas in federal waters of the Gulf of Mexico. However, over the past year, the administration’s push for deregulation has prompted numerous legal challenges creating uncertainty in the industry.
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