Trump Outrages California Authorities With Oil Drilling Plan

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The US government plans to allow oil and gas drilling off the coast of California and Florida, sparking outrage from California's governor, who calls the plan 'idiotic'. This move aims to roll back previous limits and open up more offshore areas for exploration. The decision is likely to face opposition from environmental groups and local authorities.

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Market impact analysis based on bearish sentiment with 76% confidence.

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Bearish
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76%

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The U.S. federal government on Thursday announced plans to allow oil and gas drilling off the coast of California and Florida for the first time in decades, prompting a strong reaction from California’s governor, who called the plan “idiotic”. The Department of the Interior yesterday announced an order signed by Secretary Doug Burgum titled Unleashing American Offshore Energy, which would roll back limits introduced during the previous administration and open up more offshore areas for oil and gas exploration. “Offshore…

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المقال الأصلي منشور بواسطة OilPrice.com في نوفمبر 21, 2025.
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