Trump asserts energy dominance, set to meet oil titans amid trade war

President Donald Trump is taking decisive action to strengthen America’s energy sector, set to meet with top oil executives next week at the White House. The 47th president, who has prioritized energy independence and economic growth, is working to expand domestic oil and gas production while countering foreign market pressures and trade challenges. Industry leaders recognize Trump’s commitment to unleashing U.S. energy dominance, a stark contrast to the regulatory stranglehold of the Biden years.

Key Details:

Trump’s upcoming meeting with oil and gas leaders will be his first major sit-down with the industry since his second inauguration, reinforcing his commitment to energy independence.
The president’s policies have already slashed regulations and boosted U.S. energy production, but industry leaders seek further collaboration to ensure continued growth.
While some executives have voiced concerns over crude price fluctuations, Trump remains focused on lowering energy costs for American consumers while keeping the industry thriving.

Diving Deeper:

President Trump has long championed American energy as the backbone of economic prosperity and national security. Unlike his predecessor, who waged a war on fossil fuels in favor of radical climate policies, Trump has embraced U.S. oil and gas, calling it “liquid gold” and positioning it as a cornerstone of his administration’s economic agenda.

The meeting, set to include top oil executives and members of the American Petroleum Institute, will focus on advancing U.S. energy production. Trump’s newly formed National Energy Dominance Council, led by Interior Secretary Doug Burgum and Energy Secretary Chris Wright, will also play a key role in shaping policy discussions.

Industry leaders like Harold Hamm of Continental Resources and Kelcy Warren of Energy Transfer LP, both of whom backed Trump’s 2024 campaign, recognize the president’s unwavering support for the oil and gas sector. Trump’s administration has already implemented critical reforms to streamline permitting, cut bureaucratic red tape, and expand drilling opportunities—moves that starkly contrast with the Biden administration’s hostility toward domestic production.

Despite global economic factors influencing oil prices—such as increased OPEC+ output and weak Chinese demand—Trump’s policies have laid the groundwork for sustained industry success. While some executives argue that crude prices must remain above $80 per barrel for optimal production, Trump’s focus remains on ensuring affordable energy for American families and businesses.

Trade policy has also been a point of discussion, with some in the industry concerned about Trump’s tariffs on steel and aluminum, which are critical for drilling operations. However, Trump has consistently prioritized fair trade and American manufacturing, refusing to allow foreign competitors to undermine U.S. industry. Unlike the Biden administration, which caved to globalist interests, Trump is leveraging tariffs as a tool to strengthen domestic production.

Bethany Williams, spokesperson for the American Petroleum Institute, emphasized Trump’s impact: “President Trump’s energy agenda has set our nation on a path toward energy dominance. We appreciate the opportunity to discuss how American oil and natural gas are driving economic growth, strengthening our national security, and supporting consumers with the president and his team.”

As Trump continues to roll back Biden-era climate mandates and prioritize U.S. energy independence, his administration is making clear that American oil and gas will once again lead the global market. With the full backing of industry leaders, Trump is proving that energy dominance isn’t just a slogan—it’s a reality under his leadership.

Related Topics:feature MXMNews TrumpMeetingOilExecutives TrumpUSEnergyPolicy USOilAndGasProduction

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Energy

The IEA’s Peak Oil Fever Dream Looks To Be In Full Collapse

Published on September 14, 2025

Todayville

From the Daily Caller News Foundation

By David Blackmon

U.S. Energy Secretary Chris Wright warned International Energy Agency (IEA) head Fatih Birol in July that he was considering cancelling America’s membership in and funding of its activities due to its increasingly political nature.

Specifically, Wright pointed to the agency’s modeling methods used to compile its various reports and projections, which the Secretary and many others believe have trended more into the realm of advocacy than fact-based analysis in recent years.

That trend has long been clear and is a direct result of an intentional shift in the IEA’s mission that evolved in the months during and following the COVID pandemic. In 2022, the agency’s board of governors reinforced this changed mission away from the analysis of real energy-related data and policies to one of producing reports to support and “guide countries as they build net-zero emission energy systems to comply with internationally agreed climate goals” consistent with the Paris Climate Agreement of 2016.

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One step Birol and his team took to incorporate its new role as cheerleader for an energy transition that isn’t actually happening was to eliminate the “current policies” modeling scenario which had long formed the base case for its periodic projections. That sterile analysis of the facts on the ground was replaced it with a more aspirational set of assumptions based on the announced policy intentions of governments around the world. Using this new method based more on hope and dreams than facts on the ground unsurprisingly led the IEA to begin famously predicting a peak in global oil demand by 2029, something no one else sees coming.

Those projections have helped promote the belief among policymakers and investors that a high percentage of current oil company reserves would wind up becoming stranded assets, thus artificially – and many would contend falsely – deflating the value of their company stocks. This unfounded belief has also helped discourage banks from allocating capital to funding exploration for additional oil reserves that the world will almost certainly require in the decades to come.

Secretary Wright, in his role as leading energy policymaker for an administration more focused on dealing with the realities of America’s energy security needs than the fever dreams of the far-left climate alarm lobby, determined that investing millions of taxpayer dollars in IEA’s advocacy efforts each year was a poor use of his department’s budget. So, in an interview with Bloomberg in July, Wright said, “We will do one of two things: we will reform the way the IEA operates, or we will withdraw,” adding that his “strong preference is to reform it.”

Lo and behold, less than two months later, Javier Blas says in a September 10 Bloomberg op/ed headlined “The Myth of Peak Fossil Fuel Demand is Crumbling,” that the IEA will reincorporate its “current policies” scenario in its upcoming annual report. Blas notes that, “the annual report being prepared by the International Energy Agency… shows the alternative — decades more of robust fossil-fuel use, with oil and gas demand growing over the next 25 years — isn’t just possible but probable.”

On his X account, Blas posted a chart showing that, instead of projecting a “peak” of crude oil demand prior to 2030, IEA’s “current policies” scenario will be more in line with recent projections by both OPEC and ExxonMobil showing crude demand continuing to rise through the year 2050 and beyond.

Whether that is a concession to Secretary Wright’s concerns or to simple reality on the ground is not clear. Regardless, it is without question a clear about-face which hopefully signals a return by the IEA to its original mission to serve as a reliable analyst and producer of fact-based information about the global energy situation.

The global community has no shortage of well-funded advocates for the aspirational goals of the climate alarmist community. If this pending return to reality by the IEA in its upcoming annual report signals an end to its efforts to be included among that crowded field, that will be a win for everyone, regardless of the motivations behind it.

Energy

Trump Admin Torpedoing Biden’s Oil And Gas Crackdown

Published on September 13, 2025

Todayville

From the Daily Caller News Foundation

By Audrey Streb

The Trump administration is rolling back President Joe Biden’s restrictions on oil and gas, planning 21 lease sales in 2025 — a sharp contrast to Biden’s first year, which saw none.

The Department of the Interior (DOI) and the Bureau of Land Management (BLM) have already held 11 lease sales under Trump generating over $110 million for Americans, and plan to host 10 more in 2025, the agency told the Daily Caller News Foundation. While the Biden administration imposed a sweeping offshore drilling ban and greenlit a record-low offshore oil and gas leasing schedule, the Trump administration is working to reopen development on federal lands and waters.

“President Donald Trump has revived American energy. While the Biden administration left our energy resources to waste at the cost of taxpayers, Americans can feel relief knowing that they now have an administration laser focused on unleashing our domestic energy sources, lowering costs, and securing a more affordable and reliable energy future,” Interior Secretary Doug Burgum told the DCNF. “The number of new oil and gas lease sales simply speak for themselves.”

Bureau of Land Management (BLM) has reported 3,608 new oil and gas permits in Trump’s second term thus far, compared to 2,528 permits during the Biden administration, according to the DOI. Trump and the DOI have approved 43% more federal drilling permits than his predecessors had at the same point in their presidencies, according to the agency.

The DOI has also opened more than 450,000 acres of federal land for potential energy development, and the DOI and BLM are set to approve more drilling permits than any other fiscal year in the past 15 years, the agency said.

On his first day back in the Oval Office, Trump signed an executive order to “unleash American energy” and declared a national energy emergency. The One Big Beautiful Bill Act (OBBBA) further directed the DOI to open more domestic energy exploration opportunities, ordering the agency to “immediately resume onshore quarterly lease sales in specified states.”

Trump has emphasized bolstering conventional resources, which stands in contrast to Biden’s stifling of the oil and gas industry, as he froze liquified natural gas (LNG) exports, blocked the major Keystone XL pipeline and halted BLM lease approvals on his first day as president. Biden instead championed a green energy agenda, pushing for major wind and solar projects through billions in subsidies, loans and grants.

Notably, the National Oceanic and Atmospheric Administration (NOAA) previously confirmed to the DCNF that the Biden administration failed to adequately review the environmental impacts of certain offshore wind projects before approving them. The Trump administration has cracked down on offshore wind, halting many major projects and reviewing several more, with Burgum arguing that the energy resource the Biden administration favored is “not reliable enough” at an event on Sept. 10.

Additionally, gasoline prices have been dropping nationally in recent months, with costs hitting four-year lows headed into summer and Labor Day weekend, according to GasBuddy and the American Automobile Association. The average retail price for gasoline is projected to keep dropping due to falling oil prices, according to data from the Energy Information Administration.

“[Oil] prices are not set by current supplies. They’re set by future expectations,” Diana Furchtgott-Roth, director of the Heritage Foundation’s Center for Energy, Climate, and Environment, told the DCNF previously. “President Donald Trump is sending signals that the oil industry here is going to be very vibrant. He’s shrinking permitting time for fossil fuel projects, so expectations for fossil fuel supply in the United States are great.”