Commodities
Trump’s Energy Czar Has Plan to ‘Map, Baby, Map’ US Oil Bounty
- Burgum suggests stronger USGS role to analyze the potential
- Says US public lands hold natural resources worth trillions
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Interior Secretary Doug Burgum touted a plan for mapping deposits of oil, gas and critical minerals on US federal lands, casting it as an opportunity to catalyze development of the energy resources, reduce dependence on foreign suppliers and pare the nation’s debt.
Burgum highlighted the initiative during a speech Saturday at the Conservative Political Action Conference in Maryland as he delivered a sharp critique of Biden-era policies designed to advance emission-free energy and counter climate change.