Trump nominee for Interior backs full-throttle drilling on federal lands

Published 2025-01-16, 06:35 a/m
© Reuters. FILE PHOTO: North Dakota Governor Doug Burgum speaks in the spin room, ahead of the debate between Republican presidential nominee and former U.S. President Donald Trump and Democratic presidential nominee and U.S. Vice President Kamala Harris, in Philade

(Reuters) - President-elect Donald Trump's pick for secretary of the interior, Doug Burgum, will tell lawmakers during his nomination hearing on Thursday that he will vigorously pursue Trump’s goals of maximizing energy production from America’s public lands and waters, calling it key to national security.

The comments signal a coming sharp turn in policy after President Joe Biden attempted for years to restrict oil and gas drilling by reducing federal lease auctions and banning future development in vast areas of federal offshore waters as part of a strategy to fight climate change.

"Today, America produces energy cleaner, smarter and safer than anywhere in the world. When energy production is restricted in America, it doesn’t reduce demand, it just shifts production to countries like Russia, Venezuela, and Iran – whose autocratic leaders don’t care about the environment," Burgum will tell lawmakers, according to his prepared remarks.

He will say maximizing energy output can lower consumer prices, and can be done while ensuring clean air and water.

The Interior Department oversees millions of acres of lands and offshore waters stretching from the Arctic to the Gulf of Mexico, and leases out parcels for drilling operations that now produce around a quarter of the nation’s oil and gas output.

The United States is already the world’s top oil and gas producer thanks to a years-long drilling boom mainly on private lands in Texas and New Mexico fueled by improved technology and strong world demand since Russia's invasion of Ukraine.

© Reuters. FILE PHOTO: North Dakota Governor Doug Burgum speaks in the spin room, ahead of the debate between Republican presidential nominee and former U.S. President Donald Trump and Democratic presidential nominee and U.S. Vice President Kamala Harris, in Philadelphia, Pennsylvania, U.S., September 10, 2024. REUTERS/Evelyn Hockstein/File Photo

Burgum, who served as governor of North Dakota – another major oil producer state - is also being considered to head a new national energy council to coordinate policies to boost U.S. energy production after Trump takes office on Jan. 20.

North Dakota ranks third among U.S. states, after Texas and New Mexico, in crude oil reserves and production, according to the U.S. Energy Information Administration.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.