American Petroleum Institute President and CEO Mike Sommers reveals contents of Trump’s closed-door meeting with oil industry leaders

MT HANNACH
4 Min Read
Disclosure: This website may contain affiliate links, which means I may earn a commission if you click on the link and make a purchase. I only recommend products or services that I personally use and believe will add value to my readers. Your support is appreciated!

President Donald Trump has a multiple facets plan for Restore us the domination of the energy After four years of the Biden administration giving the fossil fuel industry on the cold, oil director Mike Sommers said on Thursday.

The president and chief executive officer of the American Petroleum Institute was one of the 15 industry leaders present in a meeting of the White House in camera with Trump this week.

He detailed the content of the speech on “Mornings with Maria”.

The energy secretary says that the Northeast Natural gas pipeline could start this year

Trump speaks to the inauguration in Washington, DC

President Donald Trump delivered his inaugural speech after being sworn in as 47th President of the United States on January 20 in Washington, DC Trump promised to pursue an energy policy to restore the independence and domination of American energy. (SOMODEVILLA / POOL / AFP chip via getty images / getty images)

“The president said that we will have the opportunity to finally open some of these federal and federal waters that have been limited by the Biden administration. It will be quick to obtain permits for these LNG terminals, and to really focus on the guarantee that the United States has the energy it needs to feed the future, in particular because We see online AI“, He shared.

“We are going to need much more energy, and it means much more oil and natural gas.”

Sommers have warned that not investing in the domestic production of fossil fuels could lead the United States to lose the AI ​​breed with China, because multiple energy forms are necessary to maintain the IA rhythm and data centers.

OPENAI presents key proposals for the Trump AI administration plan to keep the head of technology on China

“We are going to need all this. We need oil, we need gas and we will need coal,” he said.

The Trump administration approved a request for a LNG permit on Wednesday, allowing Venture Global’s CP2 LNG Project To export Louisiana natural gas.

Click here to get FOX business on the go

Speaking on the subject, Energy secretary Chris Wright said: “Thanks to President Trump’s leadership, we cut administrative formalities around projects like CP2, releasing our energy potential and ensuring [the] The United States can continue to meet growing energy demand for decades … ”

Share This Article
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *