During the first quarter of this year, [Q1, 2025], I have sought to situate Guyana’s oil and gas sector in two general contexts in order to enrich our insight into its underlying dynamics. The first such context that I considered was the raft of global trends/megatrends shaping frontier offshore deep-water upstream petroleum production. And, the second context, which I had considered was this year’s National Budget 2025.
For today’s column I have invoked newly elected President Trump’s recently announced, New US Energy Policy as a third context. In essence this choice is based on two considerations. One is the enormous weight and leverage of the USA as an oil producer, globally. And the second is the inherently disruptive intentions driving the Trump Administration’s energy policy.