Will President Trump's blueprint for releasing US energy potential succeed?
President Trump has been clear that he wants to create a business-friendly energy environment that will restore jobs, create value and take America’s energy to the world. His intention is to create federal government policy that converts America's fossil resource base into renewed drilling and mining investment, new jobs in mines and on rigs, and a vigorous recovery in fossil fuel production. What is the likely outcome of President Trump’s blueprint for American energy? Will those policies of the President’s plan that are likely to be approved and enacted create a new energy paradigm for fossil fuels? Or will the economic realities of energy markets exert an overriding influence that leads in an alternative, just-now-emerging energy direction? Much depends on just which policies are successfully implemented by the Trump Administration most of which remains unknown at this time. In this insight, we take an early look at the expected resolution and implications of key policies.