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Oil industry prepares executive orders for Trump's potential return
The U.S. oil sector is creating executive orders for Donald Trump, focusing on natural gas exports and deregulating drilling, anticipating his possible reelection.
In short:
- Energy executives express concern over Trump's potential lack of focus on energy policy if reelected, prompting preemptive action.
- Plans include reversing Biden's green initiatives and increasing federal lands access for oil drilling.
- Industry insiders are crafting detailed drafts to ensure favorable policies are implemented swiftly.
Key quote:
“You’ll see a lot of Biden regulations that have come out in the past six months checked one way or another. It’s going to be like shooting fish in the barrel — there’s just so much to go after.”
— Stephen Brown, director of energy consulting firm RBJ Strategies and a former refining industry lobbyist
Why this matters:
The oil industry's direct involvement in drafting executive orders reveals the sector's anticipation of a political climate more favorable to fossil fuel enterprises, which contrasts starkly with the current regulatory approach that prioritizes environmental safeguards and renewable energy sources.
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