Trump's New Plan to Increase Energy Dominance

  • 2019-01-25
  • Source: TTN
  • by: TTN Staff
Trump's New Plan to Increase Energy Dominance
 
President Trump has a plan to give a boost to the United States energy dominance since he took office. Trump is looking at executive orders to bypass obstructionist tactics at the state level and in the courts.

According to The Daily Caller:

President Donald Trump is looking to wield executive authority to bolster his energy agenda and hamper Russia’s hold on the international gas market.

Trump has made “energy dominance” a major component of his White House agenda. Since entering office, he has moved to roll back a number of Obama-era regulations that have hampered the U.S. energy industry and unleash the country’s potential. Some of Trump’s major actions include repealing and replacing the Clean Power Plan, loosening methane flaring rules, and opening up federal lands for fossil fuel development.

The administration’s policies have been met with fruitful results. The U.S. last year surpassed both Russia and Saudi Arabia to become the world’s largest crude oil producer. The U.S. shale oil boom, made possible with the invention of hydraulic fracturing, has continued to witness record-setting production numbers, blowing past the predictions of international analysts. The Energy Information Administration announced Thursday that it now expects the U.S. to become “energy independent” by 2020.

...

Trump, according to a Politico report, is considering an executive order that would diminish a state’s authority to stop energy projects, making it easier to approve and construct pipelines across the country. The president is also considering changing an Obama-era guidance rule involving the Clean Water Act, a federal law Democratic governors have used to block energy projects.

This approach is also an attempt to weaken Russia's standing in the world energy market by the Trump administration.

 Source: TTN

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