The speech echoed many of the themes he sounded at his first inauguration in 2017 when he spoke darkly of the "American carnage" of crime and job loss that he said had ravaged the country.

The president said he’d declare an energy “emergency,” promote drilling and end support for electric cars. His pivot to oil and gas follows the hottest year in recorded history.

U.S. oil prices fell by more than $1 a barrel in early Asian trading on Tuesday after President Donald Trump took office and announced a plan to maximise U.S. oil and gas production by declaring a national emergency.

By Timothy Gardner, Valerie Volcovici and Andrea Shalal WASHINGTON (Reuters) -President Donald Trump on Monday laid out a sweeping plan to maximize already record high U.S. oil and gas production by declaring a national energy emergency,

President Trump is making energy a top priority on his first day in office, pledging to declare a national emergency – which no president has ever done before. The implications aren't clear.

President Donald Trump announced on Monday he would declare a national energy emergency, with the goal of reducing costs for Americans. He said he would end a federal mandate on electric vehicles and the Green New Deal — seemingly in reference to climate policies by former President Joe Biden aimed at reducing fossil fuel consumption — but offered few other details in his speech.