Oil Field As the United States catches its breath following the shock election victory of Donald Trump, the oil industry could be facing significant changes, including the President elects’ open door policy on leasing federal land for oil drilling. This is a key part of Trump’s energy strategy , which he clearly presented to American voters, in the run up to the election. One of the major components of the plan is to unleash the $50 trillion worth of untapped shale oil and natural gas reserves, to contribute to Trump’s vision of energy independence for the United States. Subsequently, the 45th President of the United States believes that this will create millions of new jobs in the energy sector, while conserving natural habitats and resources, bringing what the Trump team says would be an energy revolution. According to the House Committee on Natural Resources , currently the federal government […]