Red Pill for those who do not understand why The President changed the Gulf of Mexico to the Gulf of America
(crsreports.congress.gov)
๐ RED PILL ๐
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But that still doesnโt change the fact he could still repeal the restrictions. Even if they were implemented under Carter.
Considering he seems to be adept at using executive orders to avoid playing politics with the States and Congress.
Yes. Congressional removal of restrictions will come eventually, but name change allows insta-leases and immediate drilling. Water-based drilling rigs can get oil on VERY accelerated basis in ~3 months. Gas wells can get flows in 30 days (best case) if equipment (and people) are sitting and ready to go. Speed is the key. We need everyone drilling everywhere NOW to cut energy prices in half by September 2025.