Loading...
Market
Will Biden's offshore oil and gas ban be overturned by courts in 2025?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Federal court rulings and legal news sources
Story
Before Trump Takes Office, Biden to Ban New Offshore Oil and Gas Development in US Coastal Waters
Jan 2, 2025, 06:05 PM
President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some US coastal waters. This move aims to lock in difficult-to-revoke protections for sensitive marine areas during his final weeks in the White House. The executive order is expected to complicate President-elect Donald Trump's plans to expand domestic energy production and block his energy agenda. Biden's action is rooted in a 72-year-old law that gives the White House wide discretion to permanently protect US waters from oil and gas leasing, and the decree cannot be easily undone by the incoming administration.
View original story
Similar markets
Yes • 50%
No • 50%
No • 50%
Yes • 50%
Yes • 50%
No • 50%
No • 50%
Yes • 50%
Ban partially overturned • 25%
Ban fully overturned • 25%
Ban modified but in effect • 25%
Ban remains in effect • 25%
No Challenge • 25%
Both Federal and State Challenges • 25%
Federal Court Challenge • 25%
State Court Challenge • 25%