Marketplace All-in-One

The White House wants more offshore drilling

Nov 21, 2025
Nancy Marshall-Genzer, a dedicated Marketplace reporter, dives into the Trump administration's bold plans for a substantial expansion of offshore oil drilling along the U.S. coasts. She discusses the significant scale, encompassing up to 34 lease sales and addresses robust opposition from environmentalists, including California's Governor Newsom. The conversation also touches on the 60-day public comment period and potential lawsuits that may arise. Additionally, the podcast explores global supply chain tensions, particularly focusing on a Dutch government's intervention in a Chinese-owned chip company.
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INSIGHT

Large Offshore Drilling Expansion

  • The Trump administration proposes up to 34 offshore lease sales, expanding drilling off Alaska, California, and Florida.
  • Nancy Marshall-Genzer explains this reverses the Biden-era limits and signals a major policy pivot on offshore energy.
INSIGHT

Strong Local Opposition Cited

  • California Governor Gavin Newsom and environmental groups oppose the plan, calling it unnecessary.
  • The Natural Resources Defense Council notes 11 million leased acres remain mostly unused, questioning the need for new sales.
ADVICE

Act Quickly During Comment Period

  • Stakeholders have 60 days to submit public comments on the draft leasing plan once the comment period opens.
  • Expect the plan to face state-law constraints and likely lawsuits, so prepare legally and publicly now.
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