Trump win hailed as ‘breath of fresh air’ for oil sector

Trump has promised to support drilling for oil and gas in contrast to the Biden administration, which curbed crude production in Alaska and the sale of offshore oil and gas leases. — Reuters

NEW YORK: The co-chief executive officer of pipeline company Energy Transfer LP welcomed the election of Donald Trump as US president, saying his administration will bring “a breath of fresh air” for the oil and gas industry.

“We’re not arguing that we don’t need to be regulated,” Mackie McCrea said on the company’s quarterly earnings call.