Trump Declares National Energy Emergency, Signs Alaska Executive Order

The president reiterated that energy has played a substantial role in inflation.
Trump Declares National Energy Emergency, Signs Alaska Executive Order
Former President and Republican presidential candidate Donald Trump gestures as he speaks during a campaign rally at Van Andel Arena in Grand Rapids, Mich., on Nov. 5, 2024. Kamil Krzaczynski/AFP via Getty Images
Andrew Moran
John Haughey
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Within hours of returning to the White House, President Donald Trump signed a “national energy emergency” declaration and a corresponding slate of policy directives and actions designed to animate his “Unleash American Energy” agenda.

The executive order would enable the United States to accelerate oil and gas production by encouraging energy exploration and production on federal lands, cutting red tape and regulations, and eliminating the electric vehicle mandate.

Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."