Boosting gas output while keeping prices low a tough task for Trump

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Boosting gas output while keeping prices low a tough task for Trump

//business-finance.news-articles.net/content/202 .. e-keeping-prices-low-a-tough-task-for-trump.html

Published in Business and Finance on Thursday, January 23rd 2025 at 6:00 GMT by Reuters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

It may take more than a Sharpie pen and White House cheerleading to change natural gas output levels in the United States.

The article from Reuters discusses the challenges former President Donald Trump faces in his promise to boost U.S. natural gas production while simultaneously keeping prices low, as highlighted by energy expert Dan Maguire. Trump's energy policy, which includes increasing domestic oil and gas production, faces hurdles due to market dynamics, environmental regulations, and infrastructure limitations. Maguire points out that increasing production typically leads to lower prices, which could deter investment in new drilling projects. Additionally, the article notes that Trump's previous term saw a significant increase in U.S. oil and gas output, but this was also a period of volatile prices. The complexity of managing these dual objectives—ramping up production and maintaining low prices—remains a significant challenge, especially with the current administration's push towards renewable energy and stricter environmental policies.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/energy/boosting-gas-output-while-keeping-prices-low-tough-task-trump-maguire-2025-01-22/ ]

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