Finance
Trump says he will immediately declare national energy emergency
Published by Global Banking & Finance Review®
Posted on January 20, 2025
1 min readLast updated: January 27, 2026
Quick Summary
President Trump announces a national energy emergency to fill reserves and expand energy exports, aiming to leverage US resources for economic growth.
Trump Plans Immediate Declaration of National Energy Emergency
WASHINGTON (Reuters) - U.S. President Donald Trump on Monday said he would immediately declare a national energy emergency, promising to fill up strategic reserves and export American energy all over the world.
"We will be a rich nation again, and it is that liquid gold under our feet that will help to do it," he said in his inaugural address after being sworn in.
(Reporting by Nandita Bose and Jeff Mason, writing by David Ljunggren)
Key Takeaways
- •Trump plans to declare a national energy emergency.
- •The focus is on filling strategic reserves.
- •Expansion of American energy exports is a priority.
- •Trump aims to leverage US energy resources for economic growth.
- •The announcement was made during Trump's inaugural address.
Frequently Asked Questions about Trump says he will immediately declare national energy emergency
1What did Trump announce regarding energy?
Trump announced that he would immediately declare a national energy emergency.
2What does Trump plan to do with strategic reserves?
He promised to fill up strategic reserves and export American energy.
3What did Trump refer to as 'liquid gold'?
Trump referred to the energy resources beneath the ground as 'liquid gold' that would help make the nation rich again.