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BREAKING: Oil prices surge 3.2% following OPEC production decisionCyprus energy exploration reaches new milestone in Aphrodite fieldEU accelerates renewable energy targets ahead of 2030 deadlineShell announces record renewable energy investment for 2026Natural gas prices decline amid warmer weather forecastsGlobal hydrogen economy attracts $50 billion in new fundingBitcoin mining impacts power grid stability across EuropeSaudi Arabia increases oil output despite market pressuresBattery storage capacity doubles worldwide in 2025Nuclear power plants resume operations across FranceGeopolitical tensions threaten Middle East oil suppliesClean energy startups raise $100 billion in venture fundingBREAKING: Oil prices surge 3.2% following OPEC production decisionCyprus energy exploration reaches new milestone in Aphrodite fieldEU accelerates renewable energy targets ahead of 2030 deadlineShell announces record renewable energy investment for 2026Natural gas prices decline amid warmer weather forecastsGlobal hydrogen economy attracts $50 billion in new fundingBitcoin mining impacts power grid stability across EuropeSaudi Arabia increases oil output despite market pressuresBattery storage capacity doubles worldwide in 2025Nuclear power plants resume operations across FranceGeopolitical tensions threaten Middle East oil suppliesClean energy startups raise $100 billion in venture funding

Trump Proposes Fossil Fuel Expansion and Deregulation

2026-03-18 • By Jennifer Walsh

Former president plans sweeping deregulation of energy sector.

Former President Donald Trump has released a comprehensive energy platform focused on maximizing fossil fuel production. The proposal includes relaxing environmental standards and streamlining permitting processes.

Oil and gas industry representatives have responded enthusiastically. Industry analysts project the proposals could increase domestic oil production by 2-3 million barrels per day.

Environmental organizations have strongly opposed the platform. Climate scientists warn that expanded fossil fuel development contradicts Paris Agreement objectives.

The debate continues regarding economic growth versus environmental sustainability.