Trump Says Anyone Investing $1 Billion in U.S. Will Receive Expedited Permits

U.S. President-elect Donald Trump said on Tuesday that any person or company investing at least $1 billion into the U.S. “will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals.”

The statement, posted on his social media platform Truth Social, did not offer further details.

Trump’s transition team is working on a package to roll out within days of his taking office on Jan. 20 to approve export permits for liquefied natural gas projects and to increase oil drilling on federal lands and off the U.S.coast, sources familiar have said.

It was not immediately clear how Trump could work around independent commissions such as the Federal Energy Regulatory Commission, which has recently required additional environmental reviews for LNG projects.

The Trump transition team did not immediately respond to a request for comment.

Trump, a Republican, also plans to repeal some aspects of Democratic President Joe Biden’s regulations and top climate legislation, such as tax credits for electric vehicles and new clean power plant standards that aim to phase out coal and natural gas.

(Reporting by Eric Beech, Timothy Gardner and Jarrett Renshaw; Editing by Ismail Shakil and Chizu Nomiyama)

Share This:

More News Articles

 

  • Related Posts

    The 40% of US Oil Jobs Lost Over the Last Decade Aren’t Coming Back

    Oil majors have grown more efficient in the years since the shale bubble burst in 2014, pumping record production with a fraction of the workforce. By and An oilfield crew…

    Trump Officials Vow to Keep All US Coal Plants Running

    By and Trump administration officials vowed to keep US coal power plants operating, casting it as an imperative to meet surging electricity demand and drive a revival of the nation’s…

    Have You Seen?

    The 40% of US Oil Jobs Lost Over the Last Decade Aren’t Coming Back

    • January 16, 2026
    The 40% of US Oil Jobs Lost Over the Last Decade Aren’t Coming Back

    Low Oil Prices Force Billionaire Harold Hamm to Halt Bakken Drilling

    • January 16, 2026
    Low Oil Prices Force Billionaire Harold Hamm to Halt Bakken Drilling

    US Oil Refiners’ Weekly Capacity to Fall by 450,000 Barrels Per Day, IIR Energy Says

    • January 16, 2026
    US Oil Refiners’ Weekly Capacity to Fall by 450,000 Barrels Per Day, IIR Energy Says

    What Excites and Worries LNG Exporters in 2026: Maguire

    • January 16, 2026
    What Excites and Worries LNG Exporters in 2026: Maguire

    Trump Officials Vow to Keep All US Coal Plants Running

    • January 16, 2026
    Trump Officials Vow to Keep All US Coal Plants Running

    Oil Wildcatter Hamm Is Halting Drilling in the Bakken

    • January 16, 2026
    Oil Wildcatter Hamm Is Halting Drilling in the Bakken

    Trump Moves to Have Tech Giants Pay for Surging Power Costs

    • January 16, 2026
    Trump Moves to Have Tech Giants Pay for Surging Power Costs

    Veteran Gas Executive Steve Hill Is Leaving Mercuria

    • January 16, 2026
    Veteran Gas Executive Steve Hill Is Leaving Mercuria

    Azerbaijan Begins Gas Deliveries to Germany and Austria

    • January 16, 2026
    Azerbaijan Begins Gas Deliveries to Germany and Austria

    Germany Relaunches Major EV Subsidy Program With Billions in Funding

    • January 16, 2026
    Germany Relaunches Major EV Subsidy Program With Billions in Funding