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
29 April 2026
The UAE’s exit from the alliance marks a decisive step towards a world in which oil markets are shaped less by collective management and more by national strategy
29 April 2026
Trafigura’s $1b prepayment agreement confirms African resource holders’ renewed interest in oil-backed financing deals as they look to capitalise on high oil prices
29 April 2026
The UAE’s departure from the oil producers’ group was a surprise to many, but the move can be traced back to a single point five years ago
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
