The US Department of Energy plans to allocate up to $150 million to advance advanced technologies such as increasing oil and gas industry recovery rates.

The Office of Fossil Energy and Geothermal Technologies at the US Department of Energy will provide up to $150 million to fund the oil and gas industry in improving unconventional oil and gas recovery efficiency, advancing hydraulic fracturing characterization technology, and developing innovative solutions for produced water management in a cost-sharing arrangement between the government and enterprises. This project aims to implement the Trump administration's "Unleashing American Energy" executive order and the "Opening the Golden Age of Energy Dominance" secretary memorandum.