In-Town Pool #9: Wright and Burgum remarks

Energy Secretary Chris Wright and Interior Secretary Doug Burgum took questions outside the West Wing after meeting with President Trump and oil executives.

The secretaries said there was no discussion of oil prices in the meeting, largely because it is out of their control. They did talk about permitting (presumably of the drilling variety) and overregulation.

Wright also appeared to back off a goal (https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwje5u3QjZeMAxVUKFkFHfG9HYYQFnoECCwQAQ&url=https%3A%2F%2Fwww.houstonchronicle.com%2Fpolitics%2Farticle%2Foil-meeting-trump-tariffs-20229907.php&usg=AOvVaw1LCb_cfL2ckPlK2tTD-4wQ&opi=89978449) of pushing crude to $50 a barrel.

Wright said he signed a liquified natural gas export approval today for a facility put on pause by the Biden administration. He hoisted a DOE report on LNG exports he claimed was completed in September 2023 but buried by the Biden administration because it didn't fit the admin's narrative on greenhouse gas emissions. Your pooler has not seen the study, though it has received some news coverage in recent days.

Your pooler has requested a complete list of meeting attendees.

More feed and quotes TK.

Ian Kullgren

White House Correspondent

Bloomberg Industry Group

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