Monday, July 10, 2017

"Trump Launched An Energy Revolution While Everyone Was Obsessing On His Tweets"

Via Instapundit: Last week President Trump announced plans to make the U.S. not just energy independent, but a global energy powerhouse. Too bad everyone was hyperfocused on his tweets.

On Thursday, Trump said he was ushering in a new energy policy that marked an end to decades of fretting about an alleged "energy crisis" brought on by supposed limited domestic supplies and an insatiable demand for fossil fuels.

"We now know that was all a big, beautiful myth," Trump said in remarks at the Department of Energy. "The truth is that we have near-limitless supplies of energy in our country."

Trump had already taken several steps toward unleashing domestic energy supplies, but he announced six more that he plans to take, including reviving nuclear energy, lifting barriers to building coal plants overseas, building more energy pipelines — including one into Mexico — increased natural gas exports, and creating a new offshore-leasing program.

"The golden era of American energy is now underway," he said.

(Link to the rest of the article)


edutcher said...

People were talking about the US becoming the Saudi Arabia of the 21st century, but we all knew Pissy and No-Coal Joe wouldn't have any of it.

Now it's going to happen.

bagoh20 said...

" including reviving nuclear energy,"

Yes! Cut out the middle man. Nuclear is what powers the universe, why not mankind?

I imagine that one day homes will have a small pony keg sized reactor to power everything. Factories will have a refrigerator sized one. At one time, people thought that having electricity, and natural gas piped into your house was crazy risky. We can find a way to make nuclear safe, reliable, and portable. I have already ordered my nuclear powered corvette. It will also fly with unlimited range, of course. Feats don't fail me now!

Leland said...

Aubrey McClendon did more to launch the US energy revolution, and he died before Trump was elected. Aubrey wasn't alone. I'm not going to trumpet a damn politician, whether they are Republican or Democrat, as if government made something happen, when it was entrepreneurs that made it happen.

I'll give credit for Trump for getting government out of the damn way. And certainly, changing the policy on natural gas exports is a great example of Trump actively getting government out of the way. But the US energy revolution started years ago, really even before Obama. Palin did more to articulate what was required and what eventually happened. But the reality it was market driven. As prices increased due to demand, suppliers upped their game to increase supply. Right now, the suppliers are hurting, but not as much now that the global market is no longer closed off by the US federal government. Give Trump credit for getting government out of way; but give our free market principles credit for the revolution.

I will say Obama tried everything in his power to prevent the revolution.

edutcher said...

Getting government out of the damn way was the whole thing.

You can have all the technology in history, but, if the Lefties don't like it, nothing moves.