WASHINGTON (AP) - The Trump administration is taking steps to expand oil drilling in the Arctic and Atlantic oceans as President Donald Trump continues to push for U.S. "energy dominance" in the global market.
The Interior Department said Thursday it is rewriting a five-year drilling plan established by the Obama administration, with an eye toward opening areas in the Arctic and Atlantic oceans that now are off-limits to drilling.
U.S. oil production has boomed in recent years, and exports of oil and natural gas are surging, primarily because of improved drilling techniques such as fracking that have opened up production in previously out-of-reach areas.
Trump says more steps are needed to "unleash" domestic reserves and remove government regulations that could prevent the U.S. from achieving global dominance in energy.
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6/29/2017 3:40:49 PM (GMT -4:00)