Oil Executives Anticipate Accelerated Permitting Under Trump, Dallas Fed Reports

Reported 2 days ago

A Dallas Fed survey reveals that U.S. energy executives expect faster permitting for drilling on federal lands as President-elect Donald Trump takes office. The survey indicates a positive outlook with increased activity levels and decreased uncertainty among energy firms in Texas, Louisiana, and New Mexico. Many executives believe that regulatory compliance issues will ease due to a pro-business administration, with a significant portion anticipating quicker permitting processes for energy projects.

Source: YAHOO

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