"President Barack Obama is preparing to block the sale of new offshore drilling rights in much of the U.S. Arctic and parts of the Atlantic, a move that could indefinitely restrict oil production there, according to two people familiar with the decision.
Obama will invoke a provision in a 1953 law that gives him wide latitude to withdraw U.S. waters from future oil and gas leasing, said the people who spoke on condition of anonymity because the decision had not been announced. Until now the law has been used sparingly to permanently preserve coral reefs, walrus feeding grounds and marine sanctuaries.
Coming in the waning days of his administration, Obama’s move -- which could come as soon as Tuesday -- responds to a clamor from environmental activists who have looked for a way to lock in protections before President-elect Donald Trump takes office. Related actions by Canada may be announced at the same time, the people said.
A White House spokesman declined to comment."
Jennifer A Dlouhy reports for Bloomberg December 19, 2016.
SEE ALSO:
"Obama Expected to Ban Offshore Drilling in Some Federal Waters" (New York Times)
"Obama Said to Use 1953 Law to Block Drilling in Arctic, Atlantic"
Source: Bloomberg, 12/20/2016