Murray Energy CEO: Obama is Breaking the Law By Banning Offshore Drilling

By Business Leaders FOXBusiness

Obama puts the Arctic freeze on offshore drilling

Murray Energy CEO Bob Murray on President Obama's decision to ban offshore drilling in parts of the Atlantic Ocean and Arctic Ocean.

Big coal is calling out President Obama over his action to permanently ban offshore drilling in areas of the Arctic and Atlantic Oceans. During an interview on the FOX Business Network’s Mornings with Maria, Murray Energy CEO Robert Murray said President Obama is breaking the law.

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“It’s apparent that President Obama and his supporters are going to do all the destruction they can to reliable low-cost energy in the United States of America,” he said. “It’s not only banning the offshore oil development but also the Stream Protection Rule relative to underground coal mining. These actions are illegal.”

In Murray’s opinion, the regulations are ending low-cost reliable electricity and have no environmental benefit. 

“The Trump Administration will overturn these regulations that are passed at the twilight of Obama’s administration,” he said. “The House and Senate will likely pass a resolution under the Congressional Resolution Act, which is rarely used, to stop these actions.”

Murray Energy, he said, has sued the Obama Administration and the Environmental Protection Agency.

When asked about President-elect Trump’s nominee for EPA Administrator, Scott Pruitt, Murray said “he’s very bullish” about his selection. 

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