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“Drill Baby, Drill”: Donald Trump declares U.S. energy emergency

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By illuminem briefings

· 2 min read


illuminem summarizes for you the essential news of the day. Read the full piece on Forbes or enjoy below:

🗞️ Driving the news: On his first day in office, President Donald Trump declared a U.S. “energy emergency,” emphasizing a return to oil and gas dominance under the slogan “drill baby, drill” 
His administration plans to roll back emissions regulations, halt green subsidies, and withdraw from the Paris Climate Agreement

🔭 The context: Trump’s energy policies prioritize expanding hydrocarbon exploration, boosting production on federal land, and revisiting major pipeline projects like Keystone XL
The U.S., currently the world’s largest oil producer at over 13 million barrels per day, is set to further increase output under this agenda

🌍 Why it matters for the planet: The withdrawal from the Paris Agreement and pausing clean energy projects undermine global efforts to combat climate change
Expanded fossil fuel production risks increasing carbon emissions and delaying the transition to renewable energy

⏭️ What's next: With Republican control of Congress and a conservative Supreme Court, Trump’s policies face minimal legislative resistance
His administration may also escalate disputes over international energy infrastructure, such as the Panama Canal

💬 One quote: “We sit on the most oil and natural gas of any nation on Earth, and we’re going to use it,” Trump declared in his inauguration speech

📈 One stat: The U.S. produces over 13 million barrels of crude oil per day, maintaining its position as the world’s leading producer

Click for more news covering the latest on oil & gas

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