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Trump faces a tough task to boost gas output while keeping prices low: Maguire
According to Maguire, President Trump faces a significant challenge in simultaneously increasing natural gas production to meet growing energy demands and maintaining low prices for consumers
It may take more than a Sharpie pen and White House cheerleading to change natural gas output levels in the United States.
President Donald Trump's sweeping measures aimed at maximising U.S. oil and gas production mark a U-turn in energy policy from President Joe Biden's term, and make it clear that Trump expects domestic fossil fuel production to rapidly rise.
But even with faster permitting for exploration and sales, the new Trump administration may struggle to boost U.S. gas output without help from local and international prices.
That's because historically weak gas prices for electricity generation, not restrictive former policies, were the main factor in suppressing U.S. gas production in 2024.
If gas prices trend steadily higher in 2025, Trump's hopes for higher gas output will materialise and will help propel U.S. energy product exports to new heights.
But higher gas prices would also go directly against Trump's aims to lower energy costs, which were a major factor behind his successful election.
That presents a potential conundrum for Trump's energy advisers who must now somehow motivate higher gas output without triggering higher energy prices for consumers.
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