Trump Set to Meet Oil Titans on Energy Production

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President Donald Trump is set to meet with top oil executives at the White House next week as he charts plans to stoke domestic energy production, even as the industry grows uneasy about falling crude prices and tariff uncertainty.

The encounter is set to be Trump’s first sit-down with a large group of oil and gas leaders since his inauguration and his creation of a new National Energy Dominance Council to quarterback policy. The planned meeting was described by people familiar with the matter, who asked not to be named because it had not been formally announced.

Invited participants include executives leading some of the nation’s largest oil companies, including members of the industry’s top trade group, the American Petroleum Institute. Interior Secretary Doug Burgum, the head of Trump’s energy dominance council, and Chris Wright, the energy secretary who is the panel’s vice chair, are also expected to attend.

The session, like Trump’s meetings with executives from other industries, is seen as an opportunity to discuss policy priorities at the opening of his second term. Trump held similar meetings during his first term, including to discuss an oil price collapse fed by the pandemic and a battle for market share between Russia and Saudi Arabia.

President Trump says he is declaring “a national energy emergency” on his first day in office, citing energy prices as a cause of inflation.

“We will drill, baby, drill,” he says.

“We will be a rich nation again, and it is that liquid gold under our feet that will help to