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Trump admin pouring $480M loan into Gulf of America oil and gas project

Fox Business·November 10, 2026
Mixed · factual reporting (2 of 5)Outlet ratings by Media Bias/Fact Check

The U.S. Energy Department touted the financial close of a $480 million loan targeted at helping to boost oil and natural gas production in the Gulf of America.

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Trump admin pouring $480M loan into Gulf of America oil and gas project — TopNewsOn