US sound and fury
Trump's deregulations will only touch the margins of production, but he will generate plenty of geopolitical risk
In 2018, the Trump administration will execute on its ambitious deregulatory agenda to unleash American "energy dominance"—and global energy markets won't notice the difference. For President Donald Trump, "energy dominance" means more American energy production and exports—especially oil, gas and coal. To further that goal, Trump signed a sweeping executive order directing agencies to roll back the Clean Power Plan, President Obama's signature climate policy to limit greenhouse gas emissions from power plants; reverse regulations on methane emissions; revisit the metric known as the "social cost of carbon" that seeks to quantify the damages from CO2 emissions; lift the temporary moratorium
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By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
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Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
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Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics






