Trump Signs One Big Beautiful Bill – Impacts for O&G Industry

Miracle of miracles, President Donald Trump's One Big Beautiful Bill was passed and signed into law by the President last Friday. Somehow, the Republicans got out of their own way to unite and pass it. There's lots NOT TO like about the bill, but there is also lots TO like. And remember, this is just the beginning. More bills (and Executive Orders) will come along. When the full effect of this bill begins to take hold and the economy soars and people are keeping more of their own money (less taxes), we predict not even the lying Democrats will be able to cover up the good news. The bill contains numerous provisions related to energy issues, including the oil and gas industry and the unreliable renewable energy sector. A significant portion of the bill focused on gutting President Autopen's Green New Deal (also known as the Inflation Reduction Act). So, how will this bill (now a law) benefit the O&G sector?

---

To view this content, log into your member account. (Not a member? Join Today!)