One day after Trump's inauguration, oil and gas billionaires see their total wealth boosted by more than $3 billion.
On the first day of his Presidency, Donald Trump declared an “energy emergency”. It is part of a raft of measures to boost America’s already colossal fossil fuel production, backed up by claims that the country needs to tackle high energy prices and prepare for increased demand from “the next generation of technology”.
By Timothy Gardner, Valerie Volcovici and Jarrett Renshaw WASHINGTON (Reuters) -President Donald Trump on Monday laid out a sweeping plan to maximize oil and gas production, including by declaring a national energy emergency to speed permitting,
Trump’s day-one actions on energy come as climate change-fueled fires ravage Southern California, following the globe’s hottest year on record.
The decisions that companies make about how much to grow oil production are first and foremost going to be determined by market signals.”
By declaring a national emergency on energy, Trump will make it a priority of his administration to increase the domestic production of oil and other forms of fossil-fuel energy, officials said. It comes as U.S. crude oil production has already hit an all-time high over the past year.
Newly inaugurated President Donald Trump plans executive action that could deepen climate change's impact on Arizona.
President Donald Trump declared a national energy emergency—find out what it means for fuel prices, energy independence, and domestic production.
In his first hours in the White House, President Trump ordered the government to resume processing LNG export permits, reversed actions to close parts of Alaska and federal
A deal on ending public financing for foreign fossil fuel projects — which Canada co-led on the world stage — has died in the face of key holdout countries and the incoming administration of U.S. president-elect Donald Trump.
As promised, President Donald Trump began reversing the country’s energy policies on his first day in office with a spate of orders largely favoring oil, gas and coal