• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Environmentoil and gas

Biden to ban new oil drilling over vast stretch of US Atlantic, Pacific waters

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
January 4, 2025, 10:26 AM ET
Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory.
Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory.Getty Images

President Joe Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory, ruling out the sale of drilling rights in Atlantic and Pacific waters as well as the eastern Gulf of Mexico.

Recommended Video

The move represents a sweeping effort to permanently protect coastal waters — and communities that depend on them — from fossil fuel development and the risk of oil spills. At the same time, Biden is keeping the door open for new oil and natural gas leasing in the central and western portions of the Gulf of Mexico that have been drilled for decades and currently provide about 14% of the country’s production of those fuels, said people familiar with the matter who asked not to be named because the decision is not yet public. 

Biden’s decision, set to be announced on Monday, will further burnish his climate credentials, deepening his record of fostering conservation and zero-emission energy. It builds on a series of last-minute White House moves to safeguard lands and enshrine environmental protections before President-elect Donald Trump takes office. 

White House spokespeople didn’t immediately respond to requests for comment made outside normal business hours.

Unlike other steps Biden has taken to constrain fossil fuel development and the greenhouse gas emissions that drive climate change, this one could have long-lived durability, complicating Trump’s intention of bolstering domestic oil and gas production. 

Read More: Biden to Ban More Offshore Oil Drilling Before Trump Arrives

That’s because Biden’s planned proclamation is rooted in a 72-year-old provision of federal law that gives presidents broad discretion to withdraw US waters from oil leasing without explicitly authorizing revocations. 

Presidents of both parties — including Trump — have invoked the same statute to protect coral reefs, walrus feeding grounds and other American waters from Florida to Alaska. And while presidents have modified decisions by predecessors to exempt areas from oil leasing, courts have never validated a complete reversal.

Congressional Democrats and environmental groups had lobbied Biden to maximize permanent protections against offshore drilling to safeguard vulnerable coastal communities, protect marine ecosystems from oil spills and fight climate change. Some environmental activists were divided on the best approach, worried that a too-broad declaration could jeopardize a legal tool that’s been used to conserve special marine areas since 1953.

Yet the planned proclamation is simultaneously muscular and strategic — indefinitely protecting some areas that Republican and Democratic politicians have jointly pushed to keep free from drilling without encroaching on long-active territory in the Gulf of Mexico that’s a foundation of US oil and gas production. 

The declaration would not affect drilling and other activity on existing leases. It also keeps a path open for Republican lawmakers to order more central and western Gulf oil lease sales as a way to raise revenue that could offset the cost of extending tax cuts.

Earlier: Trump’s Ready ‘Within Seconds’ to Issue Orders Spurring Drilling

Environmentalists said Biden’s move ensures that oil companies won’t be able to tap reserves in the eastern Gulf and southern Pacific that have long beckoned industry. They added that the protections respond to growing public interest in limiting offshore oil drilling. 

The president would be delivering an “epic ocean victory” and “contributing to the bipartisan tradition of protecting our coasts” by enshrining the protections, said Joseph Gordon, a campaign director with the environmental group Oceana. 

Oil industry advocates said the planned action limits US energy might, even as the country stands on the cusp of an expected surge in electricity demand from data centers, artificial intelligence and manufacturing. Offshore energy development powers a long chain of economic activity that extends far from US coastlines, they argue, and oil and gas extracted in America yields less planet-warming pollution than elsewhere around the world. 

“Voters made their views clear about the importance of American energy, yet the Biden administration’s misguided approach continues to undermine our nation’s energy advantage,” said Dustin Meyer, senior vice president of policy at the American Petroleum Institute. 

Trump could order a reversal of Biden’s action, just as he tried to revoke President Barack Obama’s withdrawals during his first term in office. But Trump’s earlier attempt was rejected by a federal district court in 2019. 

Also, some of the waters that Biden is targeting overlap with territory near Florida and the southeast US that Trump himself temporarily withdrew from oil and gas leasing during the final weeks of the 2020 presidential campaign. Trump’s withdrawals are otherwise set to expire in 2032. 

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Environment

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Environment

obama
Environmentclimate change
Trump to stick it to Obama by reversing 2009 finding that climate change is real
By Matthew Daly, Seung Min Kim and The Associated PressFebruary 10, 2026
1 hour ago
colorado
Environmentclimate change
The drought in the western U.S. is about a lot more than ski season
By Dorany Pineda, Seth Borenstein and The Associated PressFebruary 10, 2026
1 hour ago
texas
PoliticsFood and drink
Texas ramps up effort to keep Mexican flesh-eating parasite away from its cattle ranches
By John Hanna, Eric Gay and The Associated PressFebruary 10, 2026
2 hours ago
A Very Large Crude Carrier from Greece unloads in China in 2020.
Energycrude oil
The Trump administration is touting approvals for oil-exporting hubs in the Gulf of Mexico—but no one seems to want to build them
By Jordan BlumFebruary 10, 2026
8 hours ago
LawDonald Trump
Trump torpedoed Biden’s $1 billion plan to save American salmon, leaving species ‘on the brink of extinction’
By Claire Rush and The Associated PressFebruary 6, 2026
4 days ago
sam wolf
Commentaryactivist investing
Activist investors are more dangerous to CEOs than ever. Here are 3 ways to safeguard your leadership
By Sam WolfFebruary 5, 2026
5 days ago

Most Popular

placeholder alt text
C-Suite
Meet Jody Allen, the billionaire owner of the Seattle Seahawks, who plans to sell the team and donate the proceeds to charity
By Jake AngeloFebruary 9, 2026
20 hours ago
placeholder alt text
AI
As billionaires bail, Mark Zuckerberg doubles down on California with $50 million donation
By Sydney LakeFebruary 9, 2026
23 hours ago
placeholder alt text
Economy
China might be beginning to back away from U.S. debt as investors get nervous about overexposure to American assets
By Eleanor PringleFebruary 9, 2026
1 day ago
placeholder alt text
Economy
Elon Musk warns the U.S. is '1,000% going to go bankrupt' unless AI and robotics save the economy from crushing debt
By Jason MaFebruary 7, 2026
3 days ago
placeholder alt text
Commentary
America marks its 250th birthday with a fading dream—the first time that younger generations will make less than their parents
By Mark Robert Rank and The ConversationFebruary 8, 2026
2 days ago
placeholder alt text
Personal Finance
Current price of silver as of Monday, February 9, 2026
By Joseph HostetlerFebruary 9, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.