What Oil Executives Want From President Trump
Tariffs, tax credits and deregulation are among the industry’s top priorities.
It Is Happening Every Day, Every Where
Tariffs, tax credits and deregulation are among the industry’s top priorities.
The added capacity for the year was the most from any single source in more than two decades.
To applause from oil and gas executives, Chris Wright said natural gas was preferable to renewable energy and climate change was a “side effect of building the modern world.”
The Justice Department and F.B.I. are investigating $20 billion in climate funds, despite a top prosecutor’s decision that there was not sufficient evidence of wrongdoing.
The funding, approved by Congress and overseen by the Environmental Protection Agency, had been blocked since January, when President Trump ordered a pause and review of climate and clean energy programs.
With the Trump administration reversing support for low-carbon power, the business case for making wind, solar and electric vehicle parts gets weaker.
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly.
Mr. Trump had the authority to declare two emergencies. But they also happened to advance his favorite targets: more fossil fuels and less immigration.
Legal experts said the president was testing the boundaries of executive power with aggressive orders designed to stop the country from transitioning to renewable energy.
A new U.S. president’s promise to expand fossil fuels that is at odds with global ambitions to combat climate change will be a topic of discussion at the World Economic Forum.