President-elect Donald Trump is reportedly gearing up to prioritize two key policy changes aimed at increasing natural energy production as he prepares to take office. According to sources familiar with the transition plans, Trump is set to focus on revising current policies related to liquefied natural gas (LNG) permits and oil and gas drilling leases in the initial days of his presidency.
One of the primary areas of focus for Trump will be the lifting of the pause on new LNG export permits, which was initiated by President Biden earlier this year. The move to halt new permits has faced criticism from the oil community and bipartisan lawmakers, with concerns raised about the potential threat to nearly 1 million jobs over the next two decades if the restriction remains in place.
Trump has expressed his intention to prioritize LNG exports and plans to expedite the approval of permits for new LNG exports starting next year. This aligns with his campaign promise to support and promote natural energy production in the country.
In addition to LNG permits, Trump also aims to increase lease sales for drilling activities along the coast, streamline permit approval processes, and expand drilling on federal land. These measures are part of his broader strategy to boost domestic energy production and reduce reliance on foreign sources.
As Trump's second-term agenda takes shape, several of Biden's climate-focused initiatives are expected to face challenges under the new administration. Trump has indicated plans to roll back green policies implemented by Biden, including reviving the Keystone XL pipeline, expanding fracking activities, and withdrawing from the Paris climate accord for the second time.
The potential revival of the Keystone XL pipeline has been met with enthusiasm from some quarters, with former pipeline workers expressing optimism about the impact on energy costs and overall economic conditions. The move is seen as a positive step towards addressing the challenges faced by Americans in the previous administration.
Overall, Trump's focus on boosting natural energy production and revising key policies in the energy sector signals a shift in priorities as the new administration prepares to take office.
