No Plan to Contain Gas Prices by Restricting US Energy Exports, 2 Cabinet Secretaries Say

Maritime traffic moves through the Houston Ship Chanel in Deer Park, Texas, on March 20, 2019. Brett Coomer/Houston Chronicle via APEnergy Secretary Chris Wright and Interior Secretary Doug Burgum issued an identical statement on March 19 that there is “no plan” to restrict oil and natural gas exports as an emergency wartime measure to ease skyrocketing fuel costs before commercial traffic is restored in the Strait of Hormuz.“Thanks to [President Donald Trump], the United States is the world’s top oil and natural gas producer. We are also the largest natural gas exporter and a top oil exporter,” Wright and Burgum said in the statement posted on X. “To be clear, the Trump administration has no plan to implement restrictions on oil and gas exports.”