Unless drilling is on Federal lands, this is 100% States rights and is now (and has always been) regulated by natural resources departments in each State. This IS a power grab.
Sounds like the "mandate" all over again, when you think of it. He is trying to make an imperial federal entity where he is the narcissist in chief. Theme music from Star Wars and visions of lord Vader run through my head.
But the fool doesn't get the real Darth Vader is Dick Cheney and he is tanned rested and ready with a new ticker...