Turmoil, Tariffs are Undermining Trump's Rhetoric on Oil and Gas

2025-06-04 09:05:00 ET

When Trump took office back in January, he vowed to support renewed production by the oil and gas industry. His executive orders during the first days of his administration sought to encourage additional exploration for oil and gas within the country while also stifling renewable energy. However, the events unfolding since those initial days in office are having the effect of alienating the very sector he promised to support .

The unpredictable nature of Trump regarding trade policy has industry actors worried, and this state of affairs isn’t conducive to capital investment and production increases. Even companies like GEMXX Corp. (OTC: GEMZ) with oil and gas operations in Latin America are most likely also feeling the impacts of…

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NOTE TO INVESTORS: The latest news and updates relating to GEMXX Corp. (OTC: GEMZ) are available in the company’s newsroom at https://ibn.fm/GEMZ

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