President-elect Donald Trump on Saturday selected oil executive Chris Wright to be the next Secretary of the Department of Energy and a member of the newly formed Council of National Energy. Wright, the CEO of fracking company Liberty Energy,

Chris Wright, a Denver energy company executive who denies that climate change is a pressing threat, is President-elect Trump's pick to lead the U.S. Department of Energy. Why it matters: The appointment puts Wright,

President-elect Donald Trump picked Liberty Energy CEO Chris Wright to be the secretary of the Department of Energy on Saturday as a slew of high-level Cabinet picks have come in over the past week.