Brief by Shorts91 Newsdesk / 07:34pm on 20 Jan 2025,Monday International
Donald Trump, sworn in as the 47th US President, announced a "national energy emergency" to expand oil and gas production. He promised to lower energy costs and make America self-reliant by boosting drilling on public lands, expediting pipeline approvals, and providing tax relief to fossil fuel producers. Trump's "drill, baby, drill" pledge marks a shift from his predecessor Joe Biden’s clean energy goals. The Energy Information Administration forecasts US oil production to rise to 13.53 million barrels per day in 2025, cementing America’s dominance as a global energy leader. Trump vows to restore America’s manufacturing power with abundant energy resources.
