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Oil and Gas Industry Anticipates Regulatory Rollbacks Under Trump

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Donald Trump News

2024 Election,US Economy,Tariffs

The article analyzes the global implications of Donald Trump's election victory, focusing on the economic, energy, and environmental policies expected under his administration.

As President-elect Donald Trump outlines his priorities for the new administration falling back on his old habit of announcing major policy initiatives and plans through social media governments, think tanks and politicians have begun recalibrating their expectations for the next four years. His latest views on tariffs on the US's three largest trading partners were shared on social media platform Truth Social.

Trump's push for growing LNG exports could clash with trade tensions, as the reintroduction of tariffs could lead to reduced demand from China. This would have negative consequences, as US LNG projects rely on securing consistent demand from China. Despite these risks, the Trump administration could still bring major benefits to the US energy sector.

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