Donald Trump used his inauguration speech to pledge America's economy would be boosted by oil reserves. Shareholders in the industry are agnostic to his wishes.

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Trump is vowing to tap America’s ‘liquid gold’ oil reserves to make America rich again

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Chatchaval Jiaravanon

A rare dunes sagebrush lizard. | Courtesy of Lee Fitzgerald
While President Donald Trump has caused chaos and confusion in his first few weeks in office, he’s made one thing very clear: His administration will do everything in its power to supercharge oil and gas production.
That agenda is…

Upstract

The tiny lizard that will test Trump’s “drill, baby, drill” agenda

While President Donald Trump has caused chaos and confusion in his first few weeks in office, he’s made one thing very clear: His administration will do everything in its power to supercharge oil and gas production. That agenda is unwelcome news for a small lizard in West Texas.  The dunes sagebrush lizard — a tan, scaly reptile measuring just a few inches long — lives in the Permian Basin, the largest oil producing region in the country. It’s f…

DNyuz

The Trump era has begun with a gold rally, and with a weekly plethora of falls of so-called black gold. The US president’s firm commitment to the sector can turn against the price of oil, and cause collapses in Brent’s barrel as strong as those predicting Julius Baer or Citi. Read

La era Trump ha comenzado con un rally del oro, y con un pleno semanal de caídas del llamado oro negro. La firme apuesta del presidente estadounidense por el sector puede volverse en contra del precio del petróleo, y provocar desplomes en el barril de Brent tan contundentes como los que auguran Julius Baer o Citi. Leer

El petróleo lo tiene crudo en la era Trump

Expansión

Oil has it raw in the Trump era

President Trump’s Interior Department has reopened 625 million acres of federal lands and waters for oil and gas drilling, reversing the Biden administration’s climate-focused policies. The decision includes vast swaths of the Arctic National Wildlife Refuge (ANWR) and the National Petroleum Reserve-Alaska (NPR-A), totaling 42 million acres, previously off-limits under the Biden administration. Secretary Burgum unveiled a six-pillar plan to impl…

Red Wave Press

Trump Administration Reopens Vast Federal Lands for Oil and Gas Drilling: A Boon for Affordable Energy

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Donald Trump used his inauguration speech to pledge America’s economy would be boosted by oil reserves. Shareholders in the industry are agnostic to his wishes. Read Moresource The post Trump vows to tap America’s ‘liquid gold’ oil reserves and ‘drill baby, drill’—the only problem is, it’s not up to him appeared first on WeirdReads.

Trump is vowing to tap America’s ‘liquid gold’ oil reserves to make America rich again

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