US President-elect Donald Trump has named fracking tycoon Chris Wright as energy minister. The aim is to ‘cut red tape’ to boost investment in fossil fuels, according to Mr Trump.
‘As Energy Secretary, Chris will be a key leader, driving innovation […] and ushering in a new ‘golden age of American prosperity and world peace,’ Donald Trump added in a statement released on Saturday. His candidacy was supported by companies in the oil sector, specifies the Financial Times.
Chris Wright will also be a member of the brand new National Energy Council (NEC), the creation of which was announced Friday by the future president of the United States of America and whose mission will be to ‘oversee the path to energy domination of the United States’.
The head of the commercial company Liberty Energy is a leading entrepreneur in the energy field. He has worked in the fields of nuclear, solar, geothermal, as well as oil and gas,’ Donald Trump commented in the press release.
Pioneer in shale
“Most importantly, Chris was one of the pioneers who helped launch the American shale revolution that fueled American energy independence and transformed global energy markets and geopolitics,” he said. president-elect.
A graduate of the prestigious MIT and UC Berkeley, Chris Wright founded the company Pinnacle Technologies in 1992, ‘whose innovations helped launch commercial shale gas production and created an industry for mapping hydraulic fractures,’ says the website. from Liberty Energy.
He later served as chairman of Stroud Energy, ‘one of the first producers of shale gas, before selling it to shale pioneer Range Resources in 2006’.
Chris Wright resides in Colorado with his wife.
/ATS
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