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Trump Starts Reshaping US Energy With Focus on Oil and Gas
Posted
January 25, 2025
Views
3,257
Likes
80
Comments
11
Engagement
2.79%
January 25, 2025
3,257
80
11
2.79%
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1:31Now PlayingPresident Donald Trump launched a sweeping overhaul of US energy policy hours after taking office Monday, putting the weight of the federal government behind fossil-fuel production and pulling back from the fight against climate change. #trump #politics #climate #worldnews
Trump initiated the shift in a series of orders and memoranda directing action by the federal government, with implications that reach across the entire energy landscape, from oil fields and wind farms to light bulbs and pickup trucks.
The Republican cast the changes as integral to his vision for achieving domestic prosperity and fighting inflation, since energy prices touch every part of the economy. And, with the US on the cusp of an unprecedented surge in electricity demand tied to the growth of artificial intelligence and domestic manufacturing, Trump called the nation’s oil and gas bounty an unparalleled advantage.
“We have something that no other manufacturing nation will ever have: the largest amount of oil and gas of any country on earth. And we are going to use it,” Trump said in his inaugural address. “We will bring prices down, fill our strategic reserves up again, right to the top, and export American energy all over the world.”
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