People stand on a pier with an offshore oil and gas platform Esther seen in the distance in Seal Beach, Calif., on Jan. 5, 2025. Mario Tama/Getty ImagesHOUSTON—President Donald Trump’s policies boosting American energy production are proving prescient with ships and pipelines carrying oil, liquified natural gas, and petroleum derivatives under threat worldwide, most urgently in the Strait of Hormuz, United States Interior Secretary Doug Burgum said.“This strategy was built for this moment,” he told S&P Global Vice Chairman Daniel Yergin on March 25 during the third day of the 44th annual CERAWeek by S&P Global conference in the Americas Hilton-Houston.
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