Trump at the Pennsylvania Energy and Innovation Summit in July
Trump’s energy report card
The administration is pushing for deregulation and streamlined permitting for natural gas, while tightening requirements and stripping away subsidies from renewables
US President Donald Trump’s decisively pro-gas agenda over the past seven months has, unsurprisingly, been welcomed by the industry. Having swiftly ended the Biden administration’s pause on LNG export approvals to non-FTA countries, the administration is also working to cut red tape and streamline permitting, although these changes will take time to come into effect. The recently enacted One Big Beautiful Bill Act (OBBBA), while having limited direct implications for gas, has bolstered support for CCUS, in which a number of industry players are investing. There are, however, concerns the administration could go too far in dismantling regulation, potentially creating environmental risks. The
Also in this section
9 April 2026
The April 2026 issue of Petroleum Economist is out now!
9 April 2026
Offshore operators are working through an FID backlog as the rig market consolidates, helped by improving project economics and a renewed security drive
2 April 2026
Alongside a rapid continued build-out of renewables, China’s latest five-year plan stresses the value of domestic hydrocarbon production for energy security and calls for increased Russian gas imports
2 April 2026
The government is taking important steps to revive domestic production, lift investment and benefit from the geopolitical crisis even if more needs to be done in the longer term
