Energy Transfer Boss Hails Trump Win as ‘Breath of Fresh Air’ for Oil and Gas Industry

The co-chief executive officer of pipeline company Energy Transfer LP welcomed the election of Donald Trump as US president, saying his administration will bring “a breath of fresh air” for the oil and gas industry.

“We’re not arguing that we don’t need to be regulated,” Mackie McCrea said Wednesday on the company’s quarterly earnings call. “But what we’re asking for is reasonable, not onerous regulation that can be done in a matter of a few years instead of years and hundreds, if not billions, of dollars of getting projects in-line.”