Trump’s effect on the energy landscape - Video blog
President Donald Trump has made drastic changes since he took office and created a volatility in the oil, gas and renewables markets. What can we expect next? How will demand, supply and prices be affected by Trump’s actions?
Published:
March 14, 2025
In this video, Dr. Amrita Sen, Founder and Director of Research at Energy Aspect gives her analysis of the situation.
Key points
- Donald Trump's presidency has significantly impacted the energy landscape, especially with geopolitical changes, energy policies, and market volatility.
- Trump has rolled back electric vehicle (EV) subsidies, which is expected to reduce EV adoption in the U.S. and prolong gasoline demand.
- U.S. shale oil production is maturing, leading to lower growth in crude oil production despite potential tax incentives, though LNG exports are expected to rise.
- Oil and gas prices are likely to remain steady and elevated due to the limited growth in U.S. production and OPEC's constrained spare capacity.
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