(Reuters) – U.S. President-elect Donald Trump said he will revoke an offshore oil and gas drilling ban announced by outgoing Democratic President Joe Biden, in a press conference on Tuesday.
“Banning offshore drilling will not stand. I will reverse it immediately,” Trump said. He added: “I will revoke offshore oil, gas drilling ban in vast areas on day one.”
Republican Trump takes office on Jan. 20.
This post is originally published on INVESTING.