The president says he’s freeing up oil in a dramatic shift in US energy policy.
President Donald Trump says he will increase oil production and free up the United States’ energy industry.
He also declared a national energy emergency.
While oil companies may be celebrating, Trump has also promised to end support for clean energy, creating problems for the sector.
He says his plans are aimed at achieving domestic prosperity and curbing inflation as oil and gas prices touch every part of the economy.
The measures could have serious implications for the entire energy landscape from oil fields to wind farms.
Big banks have also pulled out of climate change groups.
Additionally, will Trump’s policies boost cryptocurrencies?
