Trump Starts Reshaping US Energy With Focus on Oil and Gas
January 25, 2025
3,257
80
11
2.79%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Bloomberg News Episodes Around January 25, 2025
See what was published immediately before and after this episode.
1:31Now PlayingTrump Starts Reshaping US Energy With Focus on Oil and Gas
YouTube Description
as posted by the channelPresident 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.”
--------
Subscribe to our YouTube channel
Subscribe to Bloomberg Originals
Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
Connect with us on…
Breaking News on YouTube
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.