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Trump forms energy industry advisory panel on reviving US economy

The White House has released a list of a dozen oil, gas, mining and power industry representatives to advise President Donald Trump on how to revitalize the U.S. economy in the wake of national coronavirus mitigation efforts.

Trump's list of "Great American Economic Revival Industry Groups" released April 14 includes 16 industry-led panels centered on parts of the national economy, such as energy, healthcare, banking, food and beverage, hospitality, real estate, retail, technology, financial services, manufacturing and sports, as well as a panel of "Thought Leaders/Groups" that includes former U.S. Secretary of State Condoleezza Rice and economist Art Laffer. Trump announced he would be receiving advice from business leaders on the state of the economy earlier that day.

The energy panel will include Exxon Mobil Corp. CEO Darren Woods, Chevron Corp. CEO Mike Wirth, Occidental Petroleum Corp. CEO Vicki Hollub and Continental Resources Executive Chairman Harold Hamm, all of whom previously joined an oil and gas industry meeting with Trump on April 3, according to the White House.

Other oil and gas industry representatives on the list include Kinder Morgan Inc. CEO Steven Kean, Hess Corp. CEO John Hess, ConocoPhillips CEO Ryan Lance, Valero Energy Corp. CEO Joseph Gorder and Ross Perot, Jr., whose family holds real estate and oil investments.

Also on the panel will be Rich Nolan, president and CEO of the National Mining Association, a trade group that represents U.S. coal and uranium producers in addition to hardrock mining companies. In a statement released April 15 by the association, Nolan said that as an "essential" industry, miners are focused on protecting the American people and will "continue to operate to produce the materials that are critical building blocks of American industry, a stable supply chain and our economy."

"From the antimicrobial metals that are helping the nation's doctors and nurses save lives, to the materials required for our infrastructure and fuels that support our electricity grid, mined materials are playing a vital role in helping the nation weather this storm," Nolan said.

Rounding out the panel will be Southern Co. President and CEO Tom Fanning and Mark Crosswhite, president of Southern subsidiary Alabama Power Co.