Tucked into one of the two executive orders affecting the oil and gas industry that were signed by President Donald Trump on April 10 was a passage directing the secretary of labor to evaluate how retirement plans subject to federal oversight invest in the energy sector.

The president barely touched on that aspect during the signing ceremony in Crosby, Texas, near Houston. The thrust of the orders was to speed permitting of infrastructure projects by diminishing the ability of states to slow them down.

“My action today will cut through destructive permitting delays and denials,” he told an appreciative crowd.

But the passage, Section 5, while ostensibly structured to protect investments in the energy sector could carry some long-term risk as well. And its inclusion in the order caught many in the industry off-guard.

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