Trump planning to lift Biden's LNG pause, increase oil drilling during 1st days in office: report

As his second-term agenda takes shape, the president-elect is eyeing immediate changes to current policies on liquefied natural gas (LNG) permits and oil and gas drilling leases, sources familiar with the transition plans told Reuters.

However, Trump reportedly "plans to go strong on the issue" of LNG exports when he assumes office, sources told Reuters.

The Republican president-elect plans to lift Biden's pause and allow permits for new LNG exports next year, fulfilling a promise he made frequently while on the campaign trail.

Trump will also seek to increase lease sales for drilling along the coast, expedite permit approval, and expand drilling on federal land, the outlet learned.

The latest report comes as several of Biden's climate-focused initiatives appear to be in jeopardy under the incoming Trump administration. 

Trump has talked for months about his plans to roll back Biden's green policies, such as the tax credit for electric vehicle purchases. He also plans to withdraw from the Paris climate accord for the second time, expand fracking, and revive the Keystone XL pipeline, which was canceled on Biden's first day in office.