President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy. Wright is the founder and CEO of Liberty Energy, an oilfield services firm based in Denver. He is expected to support Trump’s plan to maximize production of oil and gas and to seek ways to boost generation of electricity, demand for which is rising for the first time in decades.
oil output hit the highest level any country has ever produced under Biden, and it is uncertain how much Wright and the incoming administration could boost that. Most drilling decisions are driven by private companies working on land not owned by the federal government. The Department of Energy handles U.S.
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