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What the oil and gas industry wants from Trump and how his administration might deliver it - TL;DR CNBC

What the oil and gas industry wants from Trump and how his administration might deliver it

Publishing timestamp: 2024-12-10 16:17:06


Summary

Oil and gas industry is pushing for increased LNG exports and drilling on federal lands in Trump's second term. Trump is setting up a National Energy Council to oversee U.S. energy dominance. API wants Trump to authorize LNG exports, expand drilling, and ease pipeline permitting. Analysts are optimistic about the industry's future, but investment decisions ultimately depend on market fundamentals.


Sentiment: MIXED

Tickers: LBRT

Keywords: breaking news: politicsenergydonald j. trumpliberty oilfield services incbusiness newsoil and gaspolitics

Source: https://www.cnbc.com/2024/12/10/what-the-oil-and-gas-industry-wants-from-trump-and-how-it-might-deliver.html


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