Many of the environmental policies Trump suggested he would do away with in a second term are in the Inflation Reduction Act, which was the $485 billion bill Biden signed into law in 2022 that included a swath of clean energy infrastructure initiatives and incentives for electric vehicle development. Economists projected the clean energy development grants could generate roughly $1.5 trillion in new economic activity, and could reduce carbon dioxide emissions by five billion tons before the next decade.

Conversely, some of the executive orders the oil industry has prepared for Trump would undo the progress on climate Biden has made since taking office. Politico reported that some of the orders would lift Biden's pause on new natural gas export permits, open up new protected federal lands for more oil drilling and allow for more offshore oil drilling leases.

Trump casting Biden as an opponent of Big Oil is somewhat confusing, given that the United States officially hit record-high domestic oil production levels earlier this year. The U.S. Energy Information Administration found that in 2023, the U.S. produced 13 million barrels of oil per day on average, making the United States the world's largest oil producer.