Market
Will legal challenges be filed against Biden's offshore drilling ban by mid-2025?
2
Joe Biden•US•Atlantic•Pacific•Gulf of Mexico•Alaska•North Bering Sea•Nevada•Ruby Mountains•Biden•Trump
Resolution / Starting Odds
Yes • 50%
No • 50%
Court records or official legal filings
Story
In Final Act, Biden Bans New Offshore Drilling Across 625 Million Acres, Including Alaska Waters
Jan 6, 2025, 09:30 AM
President Joe Biden is set to ban new offshore oil and gas development across 625 million acres of US coastal waters, including the Atlantic and Pacific coasts, the eastern Gulf of Mexico, and Alaska's North Bering Sea. The ban also includes a 20-year prohibition on oil, gas, and geothermal development in Nevada's Ruby Mountains. This action, under the Outer Continental Shelf Lands Act, comes as one of Biden's last acts as president and aims to protect the environment while complicating any plans by the incoming Trump administration to expand offshore drilling.
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Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Federal Court Challenge • 25%
Both Federal and State Challenges • 25%
No Challenge • 25%
State Court Challenge • 25%
Pacific Coast • 25%
Eastern Gulf of Mexico • 25%
Atlantic Coast • 25%
Alaska's Northern Bering Sea • 25%
No • 50%
Yes • 50%
Ban partially overturned • 25%
Ban remains in effect • 25%
Ban modified but in effect • 25%
Ban fully overturned • 25%