The United States has experienced an unprecedented increase in oil and natural gas production in recent years. This makes the United States the world’s leading energy producer. This development may be surprising given the different energy goals of the Trump, Pence, Biden and Harris administrations, as the former embraces fossil fuels. The latter focuses on reducing its use to fight climate change. Although there are different public stances But both Republican and Democratic administrations have looked at oil and gas production at the end of their term. Compared to the beginning of this manufacturing trend, there are both advantages and disadvantages. Oil and gas account for nearly three-quarters of Us Biofuels-Market . Domestic production guarantees energy security and keeps prices relatively low. But burning oil and gas releases carbon dioxide. which contributes to greenhouse gas emissions and climate change Natural gas, which is primarily methane, is another potent greenhouse gas. Both the Trump, Pence, Biden and Harris administrations have taken steps to support and ban oil and gas drilling. Trump is known for his pro-fossil fuel rhetoric and actions. Trump has leased more federal land to drilling in the Arctic National Wildlife Refuge. National Petroleum Reserve, Alaska and the Utah Desert. He also called on agencies to Accelerate environmental review. Do, relax the rules to Expedite permitting for construction of gas pipelines and other energy infrastructure. Trump opens US coastal waters More for oil and gas leasing But later it was reversed. It banned offshore drilling in the eastern Gulf of Mexico and the Atlantic coasts of Florida, Georgia and South Carolina for 10 years due to political pressure. On the contrary Biden-Harris Administration Focuses on Clean Energy and Climate Change.

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1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it