Trump Criticizes UK North Sea Tax for Discouraging Drilling

US President Donald Trump criticized the UK’s approach to taxing North Sea oil and gas, saying it discouraged drilling and raised energy prices.

Britain should stop using “costly and unsightly windmills” and “incentivize modernized drilling in the North Sea where large amounts of oil lay waiting to be taken,” Trump said in a post on his Truth Social network on Friday. “A century of drilling left, with Aberdeen as the hub. The old fashioned tax system disincentivizes drilling, rather than the opposite.”