Tag Archive for: americanenergy

The Trump admin’s first oil and gas lease sales in 2025 raised nearly $40 million, supporting the vision of American energy dominance.

Trump admin’s first oil and gas-lease sales nets nearly $40 million for US coffers

The Interior Department announced Thursday something important. In the first three months of 2025, the federal government brought in nearly $40 million in revenue from oil and gas lease. These are sales on public land. Let’s read more about Trump admin’s first oil.

The development proves the worth of President Donald Trump’s vision. It is to unleash American energy dominance, a top official said.

“This quarter’s lease sales demonstrate Interior’s unwavering commitment to fostering American Energy Dominance. We are grateful to those who produce energy on federal lands,” Interior Secretary Doug Burgum said in a statement.

The original sentence is already in active voice. Here’s the sentence again for clarity:

We’re building on the commonsense, pro-growth policies of the Trump administration to ensure that public lands are used to their fullest potential to support national security, economic strength, and the livelihood of the American people.

The Bureau of Land Management (BLM), which falls under Burgum’s auspices, leased 34 land parcels for fossil fuel development since January.

Those 25,038 acres brought in $39,007,609 in total receipts.

The feds and each particular state where the leases were sold will divide the revenues.

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Source: Fox News

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Trump's first-day executive order aimed to boost US energy by easing oil and gas restrictions and revoking Biden's climate policies.

American energy – Trump signs executive order to unleash it

U.S. President Donald Trump signed on his first day in office an executive order to unleash American energy by easing the barriers to oil and gas extraction and production and revoking a series of climate orders by President Biden.

As pledged in the campaign and widely expected to take place on President Trump’s first day in office, the executive order follows the declaration of a national energy emergency.

The declaration includes measures to expedite the delivery of energy infrastructure, emergency approvals by agencies “to facilitate the identification, leasing, siting, production, transportation, refining, and generation of domestic energy resources, including, but not limited to, on Federal lands.”

In the executive order, the President’s sweeping new energy policy is to “encourage energy exploration and production on Federal lands and waters, including on the Outer Continental Shelf, in order to meet the needs of our citizens and solidify the United States as a global energy leader long into the future.”

The Executive Order

The President’s executive order also aims to establish the U.S. position as the leading producer and processor of non-fuel minerals, including rare earth minerals, “which will create jobs and prosperity at home, strengthen supply chains for the United States and its allies, and reduce the global influence of malign and adversarial states.”

The new policy also includes the elimination of the “electric vehicle (EV) mandate” and the promotion of true consumer choice, which is essential for economic growth and innovation, by removing regulatory barriers to motor vehicle access. The measure would ensure a level regulatory playing field for consumer choice in vehicles, the Trump White House said.

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Source: Oil Price

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trump picks oil

Trump picks oil and gas executive as new energy secretary

President-elect Donald Trump announced that Chris Wright, the CEO and founder of Denver, Colorado-based Liberty Energy, will lead the Department of Energy (DOE) in the new administration. So how does Trump picks oil and gas executive?

“I am thrilled to announce that Chris Wright will be joining my Administration as both United States Secretary of Energy and a Member of the newly formed Council of National Energy,” Trump wrote in a statement released on November 16. This pivotal announcement marks a significant step forward in our nation’s commitment to harnessing the full potential of our energy resources. Wright, a visionary leader, embodies the spirit of innovation and determination that drives progress in the energy sector. His remarkable journey as a leading technologist and entrepreneur underscores the importance of embracing new ideas and approaches in an ever-evolving industry.

Wright’s impressive background

Wright’s impressive background includes the founding of Liberty Energy in 2011, as well as his role as executive chairman of Liberty Resources, a company dedicated to maximizing the potential of the Bakken shale play in North Dakota. His extensive experience spans critical areas such as Nuclear, Solar, Geothermal, and Oil and Gas. “Most significantly, Chris was one of the pioneers who helped launch the American Shale Revolution, which not only propelled our nation towards energy independence but also reshaped global energy markets and geopolitics,” Trump’s statement continued. As we look to the future, let us draw inspiration from leaders like Wright, who exemplify the entrepreneurial spirit and innovative thinking necessary to overcome challenges and create a sustainable energy landscape for generations to come. Together, we can pave the way for a brighter, energy-secure future that empowers our nation and enhances our global standing.

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Source: POWER

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