Donald Trump signed an executive regulation on the establishment of the National Energy Domination Council (NEDC). The president of the United States has ordered action to increase home oil and gas production. Joe Biden blocked the construction of fresh offshore oil wells 2 weeks before the word ended.
Trump's administration announced that it granted conditional export permits as part of a large liquefied natural gas (LNG) production task in Louisiana. Last year the task was blocked by president Joe Biden.
Donald Trump announced that he had instructed the Secretary of the Interior Department, Doug Burgum, to preside over the recently appointed Council, to revoke the ban imposed by the predecessor on future offshore oil wells on the east and west coast. The current president estimated that his predecessor Joe Biden "brutally eliminated" nearly 253 million hectares of marine areas that could contribute to the country's "net value increase".
Liquid gold
The U.S. president besides promised to resume the cancelled pipeline construction task for natural gas transport from Pennsylvania to fresh York. In his opinion, this will reduce energy prices in the northeast by up to 70%.
The AP agency noted that Trump, according to which America is "lucky for liquid gold", seeks to increase energy production in the US, peculiarly in fossil fuels specified as oil and natural gas, and to remove regulatory barriers.
Biden blocked the construction of fresh offshore oil wells 2 weeks before the end of his word of office to defend marine areas along the east and west coast, the east part of the Gulf of Mexico, and parts of the North Bering Sea in Alaska. According to the AP, Biden's decision may be hard to revoke by Trump as it would most likely require legislature to adopt a peculiar bill.
Koal/PAP
