WASHINGTON (AP) — President-elect Donald Trump is set to create a National Energy Council that he says will establish American “energy dominance” around
FILE - Republican presidential nominee former President Donald Trump speaks at a campaign town hall at the Greater Philadelphia Expo Center & Fairgrounds, Oct. 14, 2024, in Oaks, Pa., as moderator South Dakota Gov. Kristi Noem listens. WASHINGTON — President-elect Donald Trump is set to create a National Energy Council that he says will establish American “energy dominance” around the world as he seeks to boost U.S.
A call for energy dominance — a term Trump also used in his first term as president — “is an opportunity, not a requirement,” for the oil industry to move forward on drilling projects under terms that are likely to be more favorable to industry than those offered by Biden, said energy analyst Kevin Book.
American Fuel & Petrochemical Manufacturers, which represents U.S. refineries, also opposes potential tariffs, saying in a statement that “American refiners depend on crude oil from Canada and Mexico to produce the affordable, reliable fuels consumers count on every day.” Still, “market dynamics will always be the key” for any potential increase in energy production, Meyer said.
“Failure to focus on climate change as an existential threat to our planet is a huge concern and translates to a very significant loss of American property and American lives,” said Elkind, a former assistant energy secretary in the Obama administration. He cited federal statistics showingTrump has played down risks from climate change and pledged to rescind unspent money in the Inflation Reduction Act, Biden’s landmark climate and health care bill.
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