Trump’s rookie moves have created loads of uncertainty—even for Big Oil

Department of the Interior announced that it would speed up the approval process for certain fossil fuel projects.

Environmental analyses that previously would have taken years must now be taken down to, at maximum, a month .

The new procedures use President Donald Trump ’s “national energy emergency” to shorten timelines for federal reviews, including environmental reviews and reviews attached to cultural landmarks.

The Federal Reserve Bank of Dallas publishes a regional report on the state of the oil and gas industry in Texas , Louisiana , and New Mexico .

The challenge under the Trump administration would become balancing profitability with the president’s goal of unleashing “energy dominance” Trump , after all, has stated that he wants oil to drop to $ 50 a barrel.