Trump's Drilling Ban Bombshell Rocks Oil Industry

U.S. President Donald Trump shocked the oil industry today with a surprise announcement that he would extend the existing moratorium on oil drilling on parts of Florida’s, South Carolina’s, and Georgia’s coast, according to Politico. The announcement was a complete surprise, according to Politico, even to congressional aides, lobbyists, and industry officials who have been working on this very issue. The announcement is a complete shift from the White House’s previous stance, which sought to open up those areas to oil drilling,…