Bud's Offshore Energy (BOE)

Sen. Joe Manchin III (D-W.Va.), a critical swing vote, has rejected a provision (in the “Build Back Better Bill”) that would prohibit all future drilling off the Atlantic and Pacific Coasts, as well as the eastern Gulf of Mexico, according to three people familiar with the matter

Washington Post

New oil and gas leasing is unlikely in these areas, but broad permanent bans are never a good idea.