Trump’s Energy Council Looks to Fast-Track Oil Projects
New Panel to Cut Regulations and Boost Fossil Fuel Output
Under Trump, federal agencies are expected to unwind Biden-era regulations that curb oil demand and raise the cost of production. (Ian Tuttle/Bloomberg News)
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President Donald Trump signed an order creating a “national energy dominance council,” and will task it with steering U.S. policy on the issue, underscoring his commitment to driving already record-setting domestic oil and gas production.
“We have more energy than any other country and now we are unleashing it,” Trump said as he signed executive orders in the Oval Office on Feb. 14.
The new White House council will be helmed by Interior Secretary Doug Burgum, with Energy Secretary Chris Wright as its vice-chair, said a senior administration official, who asked not to be named because the directive is not yet public. The council is meant to shape energy policy across the federal government and help mobilize the permitting, production and distribution of oil, gas, electricity and other resources.
Trump has prioritized domestic energy production, casting America’s abundant oil and gas as “liquid gold” that’s a source of both geo…
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