Oil industry penning orders for Trump to sign on day one

  • 📰 politico
  • ⏱ Reading Time:
  • 70 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 59%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The effort stems from the industry’s skepticism that the Trump campaign will be able to focus on energy issues as election day draws closer.

Then-President Donald Trump, flanked by Commerce Secretary Wilbur Ross and Energy Secretary Rick Perry, is seen announcing of the approval of a permit to build the Keystone XL pipeline in 2017. | Evan Vucci/APThe U.S. oil industry is drawing up ready-to-sign executive orders for Donald Trump aimed at pushing natural gas exports, cutting drilling costs and increasing offshore oil leases in case he wins a second term, according to energy executives with direct knowledge of the work.

“Other than what Donald Trump says off the cuff, I don’t think they’re taking much advice on energy strategy,” Frank Maisano, senior principal at the government relations firm Bracewell, said of the ex-president’s campaign. “He’s going to complain about gas prices, he’s going to complain about , but only in the general sense because the details are complex.”

One energy company lawyer said he was working on executive order language on gas exports and “a real five-year plan” for offshore oil leases for a second Trump administration. “It’s not surprising to me,” Saxonhouse said in an interview. “It’s absolutely what we would expect for a second Trump term. The administration would be looking out for polluters’ interests and not for public health or the environment.”

Trump hosted energy executives at a dinner last month at his Mar-A-Lago Club in Palm Beach, Florida, where he criticized offshore wind power and said he would end the Biden administration’s pause on new gas export licenses, an industry lawyer who attended the event told POLITICO. While interest groups regularly write policy frameworks and white papers for incoming administrations from both parties, it would be less common for them to write ready-made executive orders or rules for a new president to sign, said Mark Squillace, a former Interior Department official under President Bill Clinton.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 381. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. crude oil falls below $81 a barrel as market brushes off looming Iran oil sanctionsThe House of Representatives passed legislation over the weekend that would broaden sanctions against Iran’s oil exports
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »