New Trump administration greenlights its first Louisiana LNG plant
The agency that granted the permit found in 2024 that approving additional LNG exports could raise natural gas prices for U.S. consumers.
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Founder, Fannon Global Advisors; Former Assistant Secretary of State for Energy Resources
President Donald Trump’s administration is promising an energy policy overhaul that would fundamentally reshape America’s climate and energy policies. Trump and Republican leaders have pledged to pull back from many of the Biden administration’s climate actions, including parts of the Inflation Reduction Act, and surge domestic oil and gas production and exports.
Meanwhile, global energy markets face mounting uncertainties including an escalating U.S.-China trade war, new sanctions on Russian energy and Europe’s continued dependence on Russian energy, and growing tensions between rich and poor countries over how the energy transition is unfolding. In both the United States and Europe, energy security, competitiveness, and costs are top priorities now, along with climate change. With climate targets and energy security needs often pulling in opposite directions, nations are facing difficult choices about how to balance competing priorities in an increasingly complex world.
How will energy politics and policy change under a second Trump administration? And how will shifts in U.S. policy impact global energy geopolitics?
This week host Jason Bordoff talks with Frank Fannon about what to expect from the Trump administration’s energy agenda.
Frank is the founder of Fannon Global Advisors. He previously served as America’s first Senate-confirmed assistant secretary of state for Energy Resources during the first Trump administration, where he led major energy and infrastructure initiatives across the globe, and elevated the critical role of minerals in the clean energy transition. Earlier in his career, he served as counsel to the Senate Environment and Public Works Committee.
Europe is facing a challenging year as natural gas prices surge. While the continent seemed to weather the initial shock of losing Russian gas supplies, it’s now clear...
At the start of February, President Trump launched a trade war. The president announced sweeping tariffs on goods imported from China, Canada, and Mexico. Although he temporarily backed...
Over the past month, the Trump administration has declared a national energy emergency, launched an ambitious agenda aimed at transforming the nation's energy landscape, and pulled back from...
Last week, President Trump wasted no time in making good on a long list of energy-related campaign promises. Declaring a national energy emergency, he issued executive orders that...
President Donald Trump has made energy a clear focus for his second term in the White House. Having campaigned on an “America First” platform that highlighted domestic fossil-fuel growth, the reversal of climate policies and clean energy incentives advanced by the Biden administration, and substantial tariffs on key US trading partners, he declared an “energy emergency” on his first day in office.
Can U.S. gas exports throw a lifeline to Europe without raising prices at home?
The incoming Trump administration should embrace a diverse energy mix, including renewables, for the sake of economic and national security.