Trump’s National Energy Emergency Declaration
President-elect Donald Trump is set to sign an executive order declaring a national energy emergency to promote affordable and reliable energy in the U.S. Aiming to lower costs and boost domestic production, the measure would focus on removing regulations and promoting energy independence.

Focus on Alaska’s Natural Resources
Trump will also sign an executive order targeting Alaska’s energy potential, with an emphasis on its oil, gas, seafood, timber, and critical minerals. The state’s natural resources are considered crucial for U.S. national security, and the order would seek to increase production by removing regulatory barriers.

Reducing Red Tape and Lowering Costs
According to an official, Trump’s orders aim to cut “red tape” and regulatory burdens, which will allow for a more efficient energy production process. The goal is to ensure an abundance of energy to help lower prices for American consumers.

Reversing Biden Administration’s Policies
The energy order will also attempt to reverse key initiatives of the Biden administration, particularly those related to electric vehicle development and energy efficiency standards for household appliances.

No Targeted Oil Price
While the energy order aims to increase production and lower costs, the Trump administration did not specify a target price for oil, focusing instead on ensuring an abundant energy supply that benefits U.S. consumers.