TRUMP’S ENERGY TEAM: Chris Wright and Doug Burgum at the top of the to-do list

Chris Wright, founder and CEO of Liberty Energy and President-elect Trump His pick to lead the Department of Energy will face a confirmation hearing on Wednesday.

Trump has strongly promised to revive the industry in his second term, with his slogan “Drill Baby Drill” referring to oil drilling in the US to restore the country’s energy independence, and Wright will be tasked with that task.

“He has worked in the fields of nuclear energy, solar energy, geothermal energy, and oil and gas,” Trump’s statement said upon Wright’s announcement. “Most importantly, Chris was one of the pioneers who helped launch the American shale revolution that fueled American energy independence and changed global energy markets and geopolitics.”

tape	protection	last	It changes	% changes
LBRT	Liberty Oilfield Services Company	21.39	+0.34	+1.59%
XOM	Exxon Mobil Company	109.70	+0.43	+0.39%
CVX	Chevron company	156.88	+1.53	+0.98%
policeman	ConocoPhillips	104.86	+0.66	+0.63%

Already, tensions are rising between the outgoing Biden administration and Trump after the president imposed a permanent ban on new oil and gas drilling across U.S. coastal and offshore waters in an area spanning about 625 million acres. The Biden administration also announced new standards for gas water heaters that Trump criticized as “worse” than the oil drilling ban.

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“Another thing he did yesterday, which was worse in so many ways — it’s hard to believe it could be worse — he wants to take all the gas heaters out of your homes and apartments. And he wants to replace them with electric heaters, basically,” Trump said last week during his press conference at Mar-a-Lago. “I don’t know what it is with electricity, this guy loves electricity.”

“We will end the electric vehicle mandate,” he added, moving from criticizing Biden’s support for green energy to extolling the virtues of gas heaters and showers without restrictions on water flow.

the next day, North Dakota Governor Doug BurgumTrump’s nominee for Secretary of the Interior said he would also chair a new National Energy Council, which “will consist of all departments and agencies involved in licensing, production, generation, distribution, regulation, and transmission for all.” American Energy Forms.”

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Reacting to the selections last November, Christopher Barnard, president of the American Conservation Coalition (ACC), said the combination of Burgum and Wright “is literally a dream team.”

Trump achieved and supported energy independence Oil and gas production The cornerstone of his campaign. During his election campaign, he pledged to expand fracking and lift the pause on liquefied natural gas exports, a sharp contrast with the Biden administration.

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The president-elect also pledged to use his second White House Term to exit the Paris Climate Agreement again Roll back stringent emissions standards for vehicles and power plants, and boost U.S. oil and gas production, including through hydraulic fracturing.

These panels on his energy platform appear to align well with the priorities of the American Petroleum Institute (API), which issued a policy roadmap in an open letter to the incoming president and Congress last year, listing the top priorities to address in 2025 and beyond. In securing American leadership in the field of energy.

said API President and CEO Mike Sommers Fox Business And in November, there are specific actions the administration can take to right things in Trump’s second term.

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“As governor of a major producing state, Doug Burgum has demonstrated a deep understanding of the importance of harnessing America’s energy advantage,” Sommers said. “We look forward to working with him once confirmed to implement a pro-American approach to federal energy leasing, starting with the development of a new five-year offshore leasing program and removing barriers to onshore leasing to take full advantage of our nation’s natural resources.”

API also looks forward to working with Wright once he is confirmed to “strengthen American geopolitical power by lifting the Department of Energy’s pause on LNG export permits and ensuring open access to American energy for our allies around the world,” Sommers said.

API’s five-point policy plan lays out industry priorities for the administration and the Republican-controlled House and Senate, including:

Protecting consumer choice

• Repeal EPA tailpipe rules.
• Repeal the National Highway Traffic Safety Administration’s corporate fuel economy standards
• Deny/revoke EPA’s waiver of California’s Advanced Clean Car Rule II

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Strengthening American geopolitical power

• Temporarily lift the Department of Energy (DOE) LNG permit
• Quickly process all pending export applications at the Department of Energy
• Ensuring open access for American energy to global markets

Taking advantage of our natural resources

• New Bureau of Ocean Energy Management issues a five-year marine leasing program
• Eliminate restrictive wilderness leasing rules, starting with the Bureau of Land Management rule and preserve the health of the landscape
• End EPA methane fees that misinterpret Congress’ intent and do little beyond increasing the cost of American oil and natural gas production.

Reform our permit system

• Reform of the National Environmental Protection Act (NEPA)
• Clean Water Act Reform
• Promoting judicial reform
• Repeal of NEPA rules under Biden

Develop a reasonable tax policy

• Maintaining the corporate tax rate at 21% to ensure global competitiveness
• Maintain and expand tax provisions for investment in local infrastructure
• Maintain critical international tax provisions

Biden has always been anti-energy, billionaire energy executive Harold Hamm, founder and chairman of Continental Resources, told FOX Business’ Maria Bartiromo.

“To tell you the truth, he’s been at war with oil and gas his entire time. In the Senate and during his presidency, that’s who he is. So, thank God, we have leadership coming in that knows how to accelerate exploration in this country,” Hamm said. .

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Fox News’ Chris Pandolfo, Emma Colton and Andrea Margolis contributed to this report.

*This article, originally published on 11/19/24, has been updated.