Collin Eaton

President Trump has certainly signaled that he wants his administration to be all good for the oil and gas industry. But it does seem like there's going to be tension along the way.

President Trump has certainly signaled that he wants his administration to be all good for the oil and gas industry. But it does seem like there's going to be tension along the way.

The oil and gas industry really does love the rollback regulations and they say they're going to pump more oil. But The concerns now are everything else in terms of trade policy, the tariffs on energy, on steel. They're also concerned about the job cuts related to agencies that permit their projects.

The oil and gas industry really does love the rollback regulations and they say they're going to pump more oil. But The concerns now are everything else in terms of trade policy, the tariffs on energy, on steel. They're also concerned about the job cuts related to agencies that permit their projects.

So they're all about permit reform, but they see a need for people to be in the seats to issue permits. The big concern has been the administration's opinion apparent desire for lower oil prices. Those prices are unworkable for the shale industry as we know it today. That's a big concern. And it's been one that they haven't really talked with Trump directly about yet.

So they're all about permit reform, but they see a need for people to be in the seats to issue permits. The big concern has been the administration's opinion apparent desire for lower oil prices. Those prices are unworkable for the shale industry as we know it today. That's a big concern. And it's been one that they haven't really talked with Trump directly about yet.

Overall, the big concern for them is the uncertainty that comes with all this. There aren't a lot of oil and gas companies that make an investment and have a payout in just four years. A lot of these are big, long-term investments, and they'll need certainty for a long time.

Overall, the big concern for them is the uncertainty that comes with all this. There aren't a lot of oil and gas companies that make an investment and have a payout in just four years. A lot of these are big, long-term investments, and they'll need certainty for a long time.

So rather than a flurry of executive orders, they prefer the Trump administration try to push these things through the legislative route, through Congress, and submit some of this stuff in law. So it's a lot for them to think about right now.

So rather than a flurry of executive orders, they prefer the Trump administration try to push these things through the legislative route, through Congress, and submit some of this stuff in law. So it's a lot for them to think about right now.

Thank you.

Thank you.