Geopolitics Alpha

Trump says he's ending restrictions on climate-warming emissions from oil drilling

Published . Updated .

Covered by 2 outlets: The Killeen Daily Herald, Marietta Daily Journal.

Trump says he's ending restrictions on climate-warming emissions from oil drilling

President Donald Trump says he's “terminating” a Biden-era rule that aimed to reduce planet-warming emissions of methane from oil and gas drilling. The move is intended to encourage more domestic

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+2.7% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • XLE Energy Select Sector SPDR+5.6% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.

  • OIH VanEck Oil Services ETF+0.1% 30d

    VanEck Oil Services ETF: it holds drilling and oilfield-service firms. Linked by “drilling” (oilfield services) in this story.

  • UNG United States Natural Gas Fund-9.2% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.

  • XOM ExxonMobil Holdings+11.8% 12d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • SLB Slb N.V-2.0% 30d

    Slb N.V (oil and gas field services): drillers get more work when oil companies spend more. Linked by “drilling” (oilfield services) in this story.

  • CVX Chevron+6.5% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • HAL Halliburton+1.2% 30d

    Halliburton (oil and gas field services): drillers get more work when oil companies spend more. Linked by “drilling” (oilfield services) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-2.37%+3.62%baseafter closeafter closeafter closeafter close
XLE-0.12%+1.60%baseafter closeafter closeafter closeafter close
OIH-3.72%-2.84%baseafter closeafter closeafter closeafter close
UNGNo price data for this ticker———————
XOM-1.00%+1.85%baseafter closeafter closeafter closeafter close
SLBNo price data for this ticker———————
CVX-0.66%+2.17%baseafter closeafter closeafter closeafter close
HALNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Trump says he's ending restrictions on climate-warming emissions from oil drilling The Killeen Daily Herald

Source: The Killeen Daily Herald

Price since this story was published: United States Oil Fund (USO)

CompanyWhenMoveStatus
Chevron (CVX)three days earlier+2.17%final price
Chevron (CVX)five days earlier-0.66%final price
Vaneck Vectors Etf (OIH)three days earlier-2.84%final price
Vaneck Vectors Etf (OIH)five days earlier-3.72%final price
United States Oil Fund (USO)three days earlier+3.62%final price
United States Oil Fund (USO)five days earlier-2.37%final price
Select Sector Spdr Tr (XLE)three days earlier+1.60%final price
Select Sector Spdr Tr (XLE)five days earlier-0.12%final price
ExxonMobil Holdings (XOM)three days earlier+1.85%final price
ExxonMobil Holdings (XOM)five days earlier-1.00%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Companies in energy around United States Oil Fund (USO)

Companies carried with this story

  • USO United States Oil Fund

    In “Trump says he's ending restrictions on climate-warming emissions from oil drilling,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

  • XLE Select Sector Spdr Tr

    Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Trump says he's ending restrictions on climate-warming emissions from oil drilling.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • OIH Vaneck Vectors Etf

    Vaneck Vectors Etf (OIH) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Trump says he's ending restrictions on climate-warming emissions from oil drilling.” Reason on file: VanEck Oil Services ETF: it holds drilling and oilfield-service firms. Linked by “drilling” (oilfield services) in this story

  • XOM ExxonMobil Holdings

    For “Trump says he's ending restrictions on climate-warming emissions from oil drilling,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • CVX Chevron

    For “Trump says he's ending restrictions on climate-warming emissions from oil drilling,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • SLB Slb

    For “Trump says he's ending restrictions on climate-warming emissions from oil drilling,” Slb (SLB) is linked, with no stored direction, medium confidence. Reason on file: Slb N.V (oil and gas field services): drillers get more work when oil companies spend more. Linked by “drilling” (oilfield services) in this story

  • COP Conocophillips

    Conocophillips (COP) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Trump says he's ending restrictions on climate-warming emissions from oil drilling.” Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • HAL Halliburton

    In “Trump says he's ending restrictions on climate-warming emissions from oil drilling,” Halliburton (HAL) is linked, with no stored direction, medium confidence. Reason on file: Halliburton (oil and gas field services): drillers get more work when oil companies spend more. Linked by “drilling” (oilfield services) in this story

How energy news reaches United States Oil Fund (USO)

“Trump says he's ending restrictions on climate-warming emissions from oil drilling” (28 Oct 2026) reaches United States Oil Fund (USO) through Energy.

United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

Dates and price levels for United States Oil Fund (USO)

OIH traded between 367.58 and 404.27 across 20 sessions. The latest close on file is 402.69. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 166.26. XLE traded between 60.95 and 69.86 across 20 sessions. The latest close on file is 69.64.

How solid the energy case looks

54 out of 100

“Trump says he's ending restrictions on climate-warming emissions from oil drilling” scores 54 out of 100. The score uses 2 sources, and 8 linked companies.