Core Viewpoint - The article highlights that Trump has designated the Atlantic and Pacific coasts of the United States as new targets for oil drilling, indicating a shift in energy policy that may impact the oil and gas industry significantly [1] Industry Summary - The decision to open up new drilling areas along the Atlantic and Pacific coasts could lead to increased exploration and production activities in these regions, potentially boosting domestic oil supply [1] - This move may also influence the regulatory landscape, as it could lead to changes in environmental policies and regulations governing offshore drilling [1] - The announcement is likely to attract investment from oil companies looking to capitalize on new opportunities in these coastal areas, which may result in increased competition among firms in the sector [1]