HOUSTON—President Donald Trump’s pledge to lower energy costs primarily by boosting oil and natural gas production will require a corresponding increase in infrastructure investment to get fuel to market to meet growing demand, U.S. Energy Secretary Chris Wright said on March 10.
If “‘Drill, baby, drill’ is to [lower energy costs], we’re going to have to ‘Build, baby, build’” more combined cycle turbines, compression metering stations, cryogenic storage tanks, and pipelines, Wright told reporters after delivering the keynote address at the 43rd annual CERAWeek energy conference hosted by S&P Global at the Americas Hilton–Houston.
