Donald Trump to make his first significant energy policy speech during shale country visit

, Financial News

Trump became the Republican presumptive nominee following his landslide win in Indiana on Tuesday.

Donald Trump is poised to give his first substantive energy policy speech in North Dakota, a state eager to hear how he can help the industry recover from the worst downturn in a generation.

The presumptive Republican presidential candidate is scheduled to speak Thursday as part of the Williston Basin Petroleum Conference in Bismarck. North Dakota rose to become the second-largest oil-producing U.S. state on the back of soaring output from unlocking shale-rock formations. In the past two years, it has found itself part of a wrenching bust that has dented industry coffers, forced thousands of job losses and idled scores of drilling rigs.

While Hillary Clinton, the Democratic Party’s front-runner, has called for renewable energy to eventually power all U.S. homes and once said she would “put a lot of coal miners and coal companies out of business,” Trump has said he doesn’t believe in climate change and criticized President Barack Obama’s coal regulations.

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