President Donald Trump is giving the United States the energy it needs to make its mark on the world stage, literally. With the rollback of burdensome regulations, U.S. oil production has boomed, making the U.S. a competitive leader in the energy market for the first time in decades. This has sent strategic and powerful economic messages to international adversaries that the U.S. will return to its place as the world’s energy leader.
The Paris-based International Energy Agency (IEA) announced in a January 16, 2018 report that the resilience of shale oil and gas in the U.S. has been integral to lowering the cost of oil internationally and unlocking new resources to maintain cost efficiency.
This pushed the combined U.S. oil and gas output in 2040 to a level 50 percent higher than any other country has ever managed. ‘This is an impressive feat, which cannot be overstated. The United States is poised to become the undisputed oil and gas producer in the world over the next several decades.”
This can be credited to President Trump’s energy expansion policies that have restored the oil and gas industry across the country.
Through policies such as withdrawing from the Paris Climate Accord, rescinding the Clean Power Plan, approving the Keystone XL Pipeline and removing countless Obama era regulations on energy production, the Trump Administration has created an environment which fosters energy independence and growth rather than stifling it.
Domestically, this has spurred growth. Reuters’ Liz Hampton of Jan. 2018 reports,
The economic and political impacts of soaring U.S. output are breathtaking, cutting the nation’s oil imports by a fifth over a decade, providing high-paying jobs in rural communities and lowering consumer prices for domestic gasoline by 37 percent from a 2008 peak.”
The Houston Chronicle’s Collin Eaton, reporting from the energy hub of the world, found that oil companies and equipment supplies cut an estimated 440,000 jobs worldwide over the last three years as crude oil prices dropped. Now with U.S. shale drillers leading an expansion of energy production, hiring is finally back on the rise; 89 percent of energy employers surveyed told The Chronicle they will be boosting staffing levels and recruitment over the next 12 months.
Internationally and perhaps the most crucial part of our energy production is the prediction by the IEA that the U.S. will soon surpass Saudi Arabia and rival Russia for annual oil production. This year the IEA predicts the U.S. will achieve domestic crude oil production exceeding 10 million barrels a day and become the largest natural gas exporter by 2020.
The idea that the Russian government wanted Trump to become president can be disputed by this simple fact — Trump’s presidency has been economically devastating for Russia, as the Trump Administration has led the U.S. into a position to rival Russia’s energy dominance.
This is also vital in removing the dependence U.S. refiners have had on Venezuelan heavy sour crude oil, as the opening of the Keystone XL pipeline provides direct, inexpensive access to a source of superior grade crude oil. Yet another move by the Trump Administration to use energy politics to distance ourselves from a violent and unstable state.
Through deregulating our energy industry and providing grounds for competition, the Trump Administration has expanded U.S. energy production to unprecedented lengths and restored our position as a global energy leader. This has been integral to domestic economic growth and weakening the power of abusive and authoritarian leaders in the global community. President Trump has effectively energized the country to lead the world.
4 comments
Help me out here. Just what does it do for me the US being the top producer? Diesel and gasoline are up about 20-30% since January 20, 2017. Trumps job numbers are not as good as Obama’s. The national debt is out of control. Healthcare is unaffordable.
So tell me, what’s Trump done for john and jane doe?
You should ask those working class people with the more than 100 companies that are getting pay raises and bonuses due to the recent tax cuts what President Trump has done for them? Perhaps you should try basking in the expected tax revenues from the tsunami of corporate money coming back to America ($38 BILLION expected to be paid just by Apple alone, my crazy friend)! While I could reflect further on this Make America Great Again journey we are on, I doubt you could grasp the joy due to your inability to answer your own simple question on why it is important for America to be the top energy producer, and in effect, to be energy independent. Half of being smart is knowing what you are dumb about, I suppose.
All Trump did was print money to give to corporate american. Run up the debt with a tax decrease. Corporate american now claims that they are giving raises with the money Trump printed and is giving to them. It’s a scam that is only temporary. Just like Trump.
If people get a raise, they use the money to cover the increases in the price of energy. When the price of evergy increases, so does everything else. Canada has been energy independent for many years, just look at their gas prices. We cannot maintain our standing. Renewable is the only way to go. The Wall St. big oil lobby is blocking that path.
I have said for years that the stock market is rigged. What is going on now is proof. Those Wall St. companies ain’t worth a nickel more than they were a year ago. It’s nothing but a casino. Facebook, Twitter, are nothing but a software program. Apple is nothing but a Chinese importer. Apple CANNOT move manufacturing jobs back to America in any significant amount. Americans have become to fat, lazy, drunk on drugs, opioids, booze, and stupid to build anything that does not run on lies and BS. A smarphone runs on neither. Apple CANNOT under any circumstances compete with Samsung using American labor. Just the cost of healthcare alone stops jobs moving to america. Just look at government for proof.
You are a fool thinking Trump has given you something for nothing. I am forced to suffer due to the greed of others. You are lacking in common sense.
You are a perfect example of denial with a touch of buffoonery, my crazy, misguided friend. You people are the reason I have been smiling since Nov. 9, 2016 (the day the Hildebeast actually conceded to the beat down)!