Oil Industry Hopes for More as Trump Reverses Obama Policies
- At a stroke, president breathes new life into Dakota, Keystone
- Move underscores energy industry’s place in administration
What Trump’s Actions on Keystone, Dakota Pipelines Mean
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“My God, this is going to be refreshing," Kelcy Warren, the Texas billionaire behind the controversial Dakota Access pipeline, said days after Donald Trump swept to victory.
As the industry digests the newly elected president’s push to get two stalled pipeline projects moving again -- with some caveats -- oil and natural gas producers are preparing for even more quick policy turns from the administration. High on the wish list is expanded access to drilling on federal lands and offshore areas.