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Trump's Rollback: Fast-Tracking Energy Projects Amid Venezuela's Instability
1/8/2026
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Trump Accelerates Energy Approvals
- U.S. President Donald Trump finalized a plan to roll back National Environmental Policy Act regulations to speed energy project approvals.
- Katherine Scarlett, head of the White House Council on Environmental Quality, said the rollback will reduce bureaucratic burdens.
- The administration plans to meet with oil executives to discuss Venezuela's oil production amid political instability.
- U.S. Secretary of State Marco Rubio said the United States aims to control Venezuelan oil and that Venezuela is not a direct threat, but its reserves should not fall to adversaries.
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