🛢Oil Sector Lobbies Trump to Spare It from Tariffs and Regulation Bloomberg reports that the American Petroleum Institute offers dozens of policy ideas. Trump campaigned on vows to unleash American energy dominance. 🗺Oil industry heavyweights are lobbying President-elect Donald Trump’s incoming administration to make good on promises to bolster US energy dominance by offering more drilling opportunities, dialing back environmental regulations and insulating the sector from tariffs. 🖨The proposals are spread across 42 pages of memos to 10 agencies the American Petroleum Institute is presenting to Trump’s transition team. The organization is the US oil industry’s primary voice in Washington and has a long history influencing the nation’s energy policy. It’s now poised to wield even greater sway under Trump. 📌Oil companies are bracing for tariffs Trump has vowed to levy on a range of goods, fearing they’ll raise the cost of materials used for wells, pipelines and refineries. They’re also concerned about the prospect he’ll impose duties on crude itself flowing into the US from Canada and Mexico, which refineries depend on to make diesel and gasoline. Read full: ⬇️⬇️⬇️ en review.uz/en/lqj ru review.uz/lqj More analytics ⬇️⬇️⬇️ © Экономическое обозрение © Иқтисодий шарҳ © Economic Review telegram | facebook | twitter|linkedin