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Trump Begins Reshaping US Energy Policy

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January 21, 2025

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Republican Representative Chuck Fleischmann of Tennessee discussed the first-day actions taken by President Donald Trump on energy policy

President 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 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.”

The first-day directives underscore Trump’s commitment to dismantling Biden-era policies meant to curb fossil-fuel demand and fight climate change, even if the moves will take years for federal agencies to execute. The regulatory changes will generally be subject to a lengthy federal rulemaking process and procedural requirements that bogged down some key Trump energy initiatives in his first term. And even when finalized, the weightiest energy and environmental actions are likely to be fought over for years in federal courts.

“A lot of this will have to be followed up with good policy,” Senator Kevin Cramer, a North Dakota Republican, said in an interview.

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Guests & Subjects Covered

Republican Representative Chuck FleischmannPresident Donald TrumpThe RepublicanSenator Kevin CramerNorth Dakota RepublicanWatch Bloomberg Radio LIVEYouTube WeekdaysET WATCH HERE Follow

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