Trump Administration Approves Ultra-Deepwater Oil Drilling Plan
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- Trump Administration approves the $5 billion ultra‑deepwater drilling plan, targeting 10 billion barrels by decade’s end.
- Oil Industry touts the project as a catalyst for U.S. energy independence and job creation.
- Environmental Critics warn that deepwater extraction risks spills, marine life, and undermines climate goals.
Why it matters: It could reshape U.S. energy supply while sparking fierce environmental backlash.
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