President-elect Donald Trump plans to create a National Energy Council aimed at boosting U.S. oil and gas drilling and establishing American 'energy dominance' globally. Led by North Dakota Governor Doug Burgum, the council will oversee federal agencies to streamline regulations and promote private sector investments in energy sectors.
President-elect Donald Trump plans to create a National Energy Council he claims will establish American "energy dominance" around the world to bolster U.S. oil and gas drilling.Trump’s energy council will be led by North Dakota Gov. Doug Burgum , his pick to lead the Interior Department — will be important in Trump’s pledge to "drill, drill, drill" and sell more oil and other energy sources to allies in Europe and around the globe.
The federal government cannot force companies to drill for more oil, and production increases could drop prices and lower profits.Trump's attempt to strengthen oil supplies — and lower U.S. prices — is complicated by his threat this week to impose 25% import tariffs on Canada and Mexico, two of the largest sources of U.S. oil imports. The U.S. oil industry warned the tariffs could hike prices and even harm national security, the AP reported.
DONALD TRUMP ENERGY DOMINANCE NATIONAL ENERGY COUNCIL DOUG BURGUM ENERGY PERMITTING
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