Related Articles
Forward article link
Share PDF with colleagues

Big Oil will get a bigger voice under Trump

Oil's stock is on the rise in Washington DC as industry backers prepare to take the reins of power

After eight years on the outside looking in during the Obama years, the oil business will be among the most prominent voices in Washington DC as president-elect Donald Trump stacks his incoming administration with industry stalwarts. For the Department of Energy (DoE), Trump has tapped Rick Perry (pictured), a strong industry backer during his time as governor of Texas and brief runs for the White House (though more Americans will probably recognise him from his stint on the reality TV show Dancing with the Stars). Perry famously pledged to eliminate the DoE in a Republican primary debate - but forgot the name of the department. He probably won't seek to axe it completely as secretary, but

Also in this section
Chinese bear trap
12 February 2018
Oil demand is in for another good year, but gas will be the standout. And the country's oil majors are coming back to the market
Brazil watches the polls
12 February 2018
The South American country will choose a new president in 2018, with major ramifications for the oil industry
Venezuela—the sick man of Opec
9 February 2018
Production will continue to collapse, while the spectre of default looms large in 2018