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"Hope for a Trump Energy Boom Is Marred by Anxiety About Tariffs"

"Energy executives meeting in Houston expressed concerns about President Trump’s trade and economic policy even as they praised him and his administration."

"Tariff threats. Growing uncertainty about the economy. And a push for much lower oil prices.

For all of their bravado about U.S. energy dominance and enthusiasm for deregulation, American energy executives are beginning to worry about President Trump’s agenda.

Their concerns crept into conversations in hotel meeting rooms and over private meals this week in Houston, where industry magnates gathered for their most important annual conference.

Surely, some hoped, the president would cut oil and gas companies a break on tariffs. Surely, the administration was not serious about pushing oil prices down another 25 percent. Surely, the turmoil of the last two months would soon pass."

Rebecca F. Elliott reports for the New York Times March 14, 2025.

 

Source: NYTimes, 03/18/2025