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

B.C. Residents File Competition Bureau Complaint Against David Suzuki Foundation for Use of False Imagery in Anti-Energy Campaigns

Published on July 4, 2025

Todayville

From Energy Now and The Canadian Newswire

A group of eight residents of Northeast British Columbia have filed a formal application for inquiry with Canada’s Competition Bureau, calling for an investigation into the David Suzuki Foundation’s (the Foundation) use of false and misleading imagery in its anti-energy campaigns.

The complaint alleges that the Foundation has repeatedly used a two-decade-old aerial photograph of Wyoming gas wells to falsely depict modern natural gas development in B.C.’s Montney Formation. This area produces roughly half of Canada’s natural gas.

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Key Facts:

The misleading image has been used on the Foundation’s website, social media pages, reports and donation appeals.
The Foundation has acknowledged the image’s true source (Wyoming) in some contexts but has continued to use it to represent B.C. development.
The residents claim this materially misleads donors and the public, violating Section 74.01(1) of the Competition Act.
The complaint is filed under Sections 9 and 10 of the Act, asking the Bureau to investigate and impose remedies including ceasing the conduct, publishing corrective notices, and returning proceeds.

Quote from Deena Del Giusto, Spokesperson:

“This is about fairness and truth. The people of Northeast B.C. are proud of the work they do to produce energy for Canada and the world. They deserve honest debate, not scare tactics and misleading imagery used to raise millions in donations. We’re asking the Competition Bureau to hold the David Suzuki Foundation to the same standard businesses face: tell the truth.”

Background:
Natural gas development in the Montney Formation supports thousands of jobs and fuels economic activity across the region. Accurate public information is vital to informed debate, especially as many Canadians live far from production sites.

SOURCE Deena Del Giusto

Economy

Trump opens door to Iranian oil exports

Published on July 3, 2025

Todayville

This article supplied by Troy Media.

By Rashid Husain Syed

U.S. President Donald Trump’s chaotic foreign policy is unravelling years of pressure on Iran and fuelling a surge of Iranian oil into global markets. His recent pivot to allow China to buy Iranian crude, despite previously trying to crush those exports, marks a sharp shift from strategic pressure to transactional diplomacy.

This unpredictability isn’t just confusing allies—it’s transforming global oil flows. One day, Trump vetoes an Israeli plan to assassinate Iran’s supreme leader, Ayatollah Khamenei. Days later, he calls for Iran’s unconditional surrender. After announcing a ceasefire between Iran, Israel and the United States, Trump praises both sides then lashes out at them the next day.

The biggest shock came when Trump posted on Truth Social that “China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the U.S., also.” The statement reversed the “maximum pressure” campaign he reinstated in February, which aimed to drive Iran’s oil exports to zero. The campaign reimposes sanctions on Tehran, threatening penalties on any country or company buying Iranian crude,
with the goal of crippling Iran’s economy and nuclear ambitions.

This wasn’t foreign policy—it was deal-making. Trump is brokering calm in the Middle East not for strategy, but to boost American oil sales to China. And in the process, he’s giving Iran room to move.

The effects of this shift in U.S. policy are already visible in trade data. Chinese imports of Iranian crude hit record levels in June. Ship-tracking firm Vortexa reported more than 1.8 million barrels per day imported between June 1 and 20. Kpler data, covering June 1 to 27, showed a 1.46 million bpd average, nearly 500,000 more than in May.

Much of the supply came from discounted May loadings destined for China’s independent refineries—the so-called “teapots”—stocking up ahead of peak summer demand. After hostilities broke out between Iran and Israel on June 12, Iran ramped up exports even further, increasing daily crude shipments by 44 per cent within a week.

Iran is under heavy U.S. sanctions, and its oil is typically sold at a discount, especially to China, the world’s largest oil importer. These discounted barrels undercut other exporters, including U.S. allies and global producers like Canada, reducing global prices and shifting power dynamics in the energy market.

All of this happened with full knowledge of the U.S. administration. Analysts now expect Iranian crude to continue flowing freely, as long as Trump sees strategic or economic value in it—though that position could reverse without warning.

Complicating matters is progress toward a U.S.-China trade deal. Commerce Secretary Howard Lutnick told reporters that an agreement reached in May has now been finalized. China later confirmed the understanding. Trump’s oil concession may be part of that broader détente, but it comes at the cost of any consistent pressure on Iran.

Meanwhile, despite Trump’s claims of obliterating Iran’s nuclear program, early reports suggest U.S. strikes merely delayed Tehran’s capabilities by a few months. The public posture of strength contrasts with a quieter reality: Iranian oil is once again flooding global markets.

With OPEC+ also boosting output monthly, there is no shortage of crude on the horizon. In fact, oversupply may once again define the market—and Trump’s erratic diplomacy is helping drive it.

For Canadian producers, especially in Alberta, the return of cheap Iranian oil can mean downward pressure on global prices and stiffer competition in key markets. And with global energy supply increasingly shaped by impulsive political decisions, Canada’s energy sector remains vulnerable to forces far beyond its borders.

This is the new reality: unpredictability at the top is shaping the oil market more than any cartel or conflict. And for now, Iran is winning.

Toronto-based Rashid Husain Syed is a highly regarded analyst specializing in energy and politics, particularly in the Middle East. In addition to his contributions to local and international newspapers, Rashid frequently lends his expertise as a speaker at global conferences. Organizations such as the Department of Energy in Washington and the International Energy Agency in Paris have sought his insights on global energy matters.

Troy Media empowers Canadian community news outlets by providing independent, insightful analysis and commentary. Our mission is to support local media in helping Canadians stay informed and engaged by delivering reliable content that strengthens community connections and deepens understanding across the country.