President Trump nominates Chris Wright, CEO of oil field service company Liberty Energy, as the Secretary of Energy. Wright is a supporter of traditional energy and has stated that fossil fuels are crucial for economic prosperity and poverty alleviation. After Wright takes office, he is expected to promote the development of fossil fuels, including promptly taking action to end the one-year suspension of natural gas export license approvals by the Biden administration.
On Saturday, local time, November 17, the US President-elect Trump announced his nomination of Chris Wright to be the next Secretary of Energy, and indicated the establishment of a National Energy Commission to boost energy production in the USA.
Wright, the CEO of oil field service company Liberty Energy, has no prior experience working in Washington.
Wright has always been a supporter of traditional energy (oil & gas), emphasizing the importance of fossil fuels in promoting economic prosperity and lifting people out of poverty, while downplaying the exaggerated threat of global warming.
Although Wright acknowledges the link between burning fossil fuels and climate change, he expresses skepticism about the connection between climate change and extreme weather. He claims, 'The world relies on oil & gas to run, and calling for a transition away from fossil fuels within 10 years is a ridiculous timeframe.'
He also stated, 'There is no benefit in hindering the current oil & gas energy system before we establish a new energy system. I believe that there won't be significant changes in our oil & gas system in the next 30 years.'
Therefore, after Wright takes office, he is expected to promote the development of fossil fuels, including promptly taking action to end the Biden administration's one-year suspension of natural gas export license approvals.
In his statement, Trump wrote, 'Wright has been a leading technical expert and entrepreneur in the energy sector. He has worked in nuclear energy, cecep solar energy, geothermal energy, oil & gas field. Most importantly, he is one of the pioneers who helped kickstart the shale oil revolution in the USA, driving energy independence and altering the global energy market and geopolitical landscape.'
If Wright's appointment is confirmed, he will also serve on the newly established National Energy Commission, which will be chaired by Doug Bergum, the Interior Minister nominated by Trump.
Trump stated that the National Energy Commission is a newly established department that will be involved in the licensing, production, generation, distribution, regulation, and transportation of all forms of energy in the United States. The Commission will reduce bureaucratic procedures, strengthen private sector investments in various sectors of the economy, and oversee the United States' continued energy dominance by focusing on innovation.
In addition to being a Trump campaign donor, Wright has also garnered support from influential conservative figures, including energy tycoon Harold Hamm. Hamm, a long-time supporter and advisor to Trump, played a key role in energy issues during Trump's first term.
In April of this year, Hamm helped organize an event at Trump's Mar-a-Lago estate, where Trump asked energy industry leaders and lobbyists to donate $1 billion for his campaign. Trump promised to reduce environmental regulations if elected.