Trump names fossil fuel executive Chris Wright as energy secretary
Posted: Nov 16, 2024
- Chris Wright, CEO of Liberty Energy, appointed as energy secretary by President-elect Donald Trump
- Wright is a supporter of oil and gas development, including fracking
- Influential conservatives, including Harold Hamm from Continental Resources, support Wright
- Hamm organized an event where industry leaders were asked to donate $1 billion to Trump's campaign
- Wright opposes efforts to fight climate change and criticizes the climate movement
- Wright may work to boost fossil fuels and end a pause on natural gas export approvals by the Biden administration.
What do people on Reddit think?
🚨 Reddit sentiment: mixed/positive - While there are concerns about economic incentives in the oil industry, the appointment of Wright is viewed positively by some for OKLO due to his insider position in the Department of Energy. Summarized comments: - Trump appoints Chris Wright, a fossil fuel executive, as energy secretary - Some commenters view the appointment as potentially beneficial for OKLO, given Wright's position on OKLO's board - There is a perception of increased drilling, but some question the economic incentives due to current surplus and high production levels Stock tickers discussed: OKLO
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