Trump to lift Obama's bans on offshore drilling

President Trump is preparing to issue an executive order aimed at reversing former President Barack Obama’s ban on offshore drilling off the Atlantic and Arctic coasts while directing the Interior Department to redo its five-year energy leasing plan.

Interior Secretary Ryan Zinke reportedly discussed the new executive order during remarks to the industry on Thursday, according to a report citing sources in attendance. The order would reopen the Obama-era 2017 to 2022 five-year offshore drilling plan to include federal lease sales in the Atlantic Ocean and Arctic seas in Alaska.