Loading...
Market
Will Biden's offshore oil ban decree be overturned or blocked by a court by the end of 2025?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Court rulings or decisions reported by reputable news sources
Story
Biden Prepares Decree to Permanently Ban Offshore Oil Development in Sensitive Marine Areas Before Trump Takes Office
Jan 2, 2025, 04:52 PM
President Joe Biden is preparing to issue a decree that will permanently ban new offshore oil and gas development in certain U.S. coastal waters. This move aims to establish difficult-to-revoke protections for sensitive marine areas before former President Donald Trump takes office. The decision comes as Biden seeks to halt additional offshore drilling, reflecting his administration's commitment to environmental protections during the final weeks of his presidency.
View original story
Similar markets
No • 50%
Yes • 50%
Ban fully overturned • 25%
Ban modified but in effect • 25%
Ban remains in effect • 25%
Ban partially overturned • 25%
State Court Challenge • 25%
Both Federal and State Challenges • 25%
Federal Court Challenge • 25%
No Challenge • 25%
No • 50%
Yes • 50%