Trump and Energy
Navigating the future of US energy policies and their impact on the global energy landscape.
Our work
Rystad Energy has been tracking the potential impacts of policies enacted by the current US administration. This report is a synthesis of the work conducted every day by hundreds of Rystad Energy analysts, consultants and local experts. In parallel, the Advisory team has been partnering with dozens of energy market participants, including small and major energy companies and their suppliers, as well as regulators and non-governmental organizations. Our experts are perfectly positioned to 'put the pieces together' for those navigating the current and future energy sector. This report constitutes only a small portion of the body of work that Rystad Energy does every day involving these topics.
'Trump and Energy' special report series
Since the publication of the second edition in April, the Trump administration's second-term tariff strategy has shifted decisively from announcements to implementation. Through 12 August, a blend of tariff expansions, licensing carve-outs and temporary truces has underpinned the approach grounded in national security, industrial revival and fiscal opportunity via customs revenue.
The third edition focuses on:
- Impacts of sectoral tariffs on steel, aluminum, automobiles, and copper (NEW)
- Trade deals and tariffs, including a focus on additional tariffs announced on India and Brazil
- Leasing and royalty rate adjustments under the OBBBA and their impact on short-term outlooks
- Changes to tax credits for clean-energy sources, renewables, EVs, and hydrogen
Access the full series, a condensed version of the full report available on the Rystad Energy Client Portal, and subscribe to receive future editions straight to your inbox.
Explore our previous report series.
Trump and Energy | April, 2025
This edition of 'Trump and Energy' focuses on tariff uncertainties and countries' reactions. Get your copy now.
Trump and Energy | April, 2025
This edition of 'Trump and Energy' focuses on tariff uncertainties and countries' reactions. Get your copy now.
Trump and Energy | February, 2025
President Trump’s focus on domestic energy and deregulation has reshaped global markets. Download the 'Trump and Energy' report for key insights.
Trump and Energy | February, 2025
President Trump’s focus on domestic energy and deregulation has reshaped global markets. Download the 'Trump and Energy' report for key insights.
New Let's Talk Energy episode out now
Can President Trump unleash American energy without raising domestic prices? In this week’s Let’s Talk Energy, Noah Brener sat down with Mike McCormick, Partner in Rystad Energy’s Advisory practice, to explore the ripple effects of Trump’s policies across oil, gas, solar, and offshore wind.
New Let's Talk Energy episode out now
Can President Trump unleash American energy without raising domestic prices? In this week’s Let’s Talk Energy, Noah Brener sat down with Mike McCormick, Partner in Rystad Energy’s Advisory practice, to explore the ripple effects of Trump’s policies across oil, gas, solar, and offshore wind.
Related insights
News and articles that explore key topics surrounding US energy policies, trade impacts and global market dynamics.
