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President Donald Trump has taken significant steps to cement his energy agenda by signing an executive order to establish the National Energy Dominance Council. This move aims to boost US oil and gas production, driving energy exports and reducing regulatory constraints.
The administration has notably greenlit a large liquefied natural gas (LNG) project in Louisiana, marking the first such approval since President Joe Biden’s pause on new LNG facilities. Trump’s actions also include revoking Biden-era bans on offshore drilling along the East and West coasts, which Trump claims could significantly enhance the nation’s economic net worth.
In addition to domestic energy production, Trump aims to streamline energy regulations, including rolling back efficiency standards and removing California’s waiver for stringent vehicle emissions. These measures underscore his intent to reestablish the US as a global energy powerhouse, aligning with industry demands and pledging to enhance US allies’ energy security.
(With inputs from agencies.)
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