6 sources·Politics

Trump's National Energy Council: Plans for Energy Dominance Amid Economic Challenges

President-elect Trump establishes a National Energy Council, pledging to boost oil production while facing potential economic and environmental challenges.

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Updated: Nov 29th, 2024, 9:46 PM ET

Summary

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President-elect Donald Trump plans to create a National Energy Council aimed at establishing U.S. energy dominance by increasing oil and gas production. The council, led by North Dakota Gov. Doug Burgum, will have broad authority over energy policies and reduce regulations. However, experts caution that current U.S. oil production is already high, and Trump’s proposed tariffs on oil imports from Canada and Mexico could raise prices while complicating his agenda. Critics warn that neglecting climate change could lead to significant environmental risks.

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