Trump Launches Energy Council To Establish 'Energy Dominance'

2024-11-29 137

Donald Trump announced the creation of a National Energy Council to pursue U.S. energy dominance by expanding oil and gas production while reducing regulatory barriers. The council will oversee energy permitting, production, and innovation, aiming to cut bureaucracy and promote private investment. Critics note that U.S. oil output is already at record levels, and market forces, not mandates, will determine production.