Trump’s “Unleashing American Energy”: America Is Fast Returning as an Energy Superpower

The American Energy Alliance has been tracking the actions that roll back Biden-era restriction and positive moves that serve for the renewal of energy exploration and development: On his first day back at the White House, Trump signed dozens of executive orders, including his order “Unleashing American Energy.” The AEA started a new list that tallied up the actions that Trump and Congressional Republicans were taking to unleash America’s energy potential. The first edition, released in March, contained 50 actions. Last week, they updated the list for Trump’s first 200 days in action, and the newest list contains 200 items…. A recent analysis by the Energy Policy Research Foundation found that the first Trump administration averaged 1244 onshore oil and gas leases per year in the lower 48 states, but the Biden administration issued only 219 on average per year. Under the second Trump administration, the Bureau of Land Management began issuing leases on public lands by Jan. 31 (Climate Depot).

He saved this country.

Stephen Moore: The rapid revival of America as an energy superpower under Mr. Trump should come as no surprise. This is continuation of a 15-year trend thanks to the fracking and horizontal drilling revolution that has nearly tripled America’s annual production…. What’s impressive about the Trump oil production spike is that it’s happened even as the global spot price of oil has fallen. In other words, we’re getting the best of both worlds: made-in-America energy AND low prices at the pump. The Energy Information Administration reports forecasts that gas prices will keep falling to less than $3 a gallon by next year. That is, unless you live in California, where gas still costs more than $5 a gallon.… One of Mr. Biden’s first executive orders was to cancel the Keystone XL pipeline to slow oil and gas delivery across the country. Mr. Trump rescinded the order on the first day of his second term, making oil and gas production a national security and economic priority. As a result, we are looking at a future with America dominating global energy markets, and prices here at home continuing to fall.(New York Sun).

Reuters reports: U.S. crude production will hit a record 13.41 million barrels per day in 2025 due to increases in well productivity, though lower oil prices will prompt a fall in output in 2026, the Energy Information Administration forecasted on Tuesday in a monthly report (Reuters).

Daniel Turner of Power the Future: When America produces more energy, we can sell more energy and supply our allies and the world with American energy. When we produce more energy, we produce more goods for less and supply our allies and the world. It is not only good for our economy but good for the peace. A strong America is good for the world. Reagan knew this, and Trump does too. This is the direction he has taken the nation and the world from the Alaska summit. It is now time that everyone: the EU, our government agencies, and even Democrats get on board. If not, they should stop with the pro-Ukraine rhetoric and the Ukraine flag pins. We know where they really stand (Real Clear Energy).

Trump vows US ban on wind and solar projects as energy bills soar: ‘Days of stupidity are over’

Executive Summary

The United States has abundant energy resources and is one of the top energy producers globally. In 2023, it was the world’s leading producer of petroleum, natural gas, and nuclear power. It also holds the largest estimated coal reserves and is the top exporter of dry and liquid natural gas. This abundance of energy and natural resources, paired with economic policies that promote the energy sector’s growth and support competition, can meaningfully contribute to economic growth, consumer welfare, and national security. However, total U.S. energy production has not always reflected this resource wealth. Electricity production, for example, has been fairly stagnant over the past 20 years and the grid needs substantial investment to handle rising power demand and a shift to more intermittent generation sources. As U.S. energy needs increase in the presence of increasing domestic reshoring of manufacturing as well as growing artificial intelligence (AI) and data processing capabilities, the United States needs to expand its energy output while ensuring that its energy goals are met without excessive regulations.

The Trump Administration has made unleashing American energy one of its priorities in a broader agenda aimed at strengthening the economy and bringing down the cost of living. The administration has already taken important actions to support energy dominance, stimulate domestic energy production, and reduce costs. These actions include reforming burdensome regulations, reducing review and approval timelines for permits, resuming federal lease sales for energy development, issuing permits for new Liquefied Natural Gas (LNG) export terminals, supporting advanced nuclear technology development and knowledge transfer, modernizing and securing the electricity grid, and streamlining funding decisions, among others.

We estimate that policies which support American energy dominance could raise GDP by at least 0.56-1.90 percent by 2035, or 0.31-1.23 percent without deregulation effects. Specifically,

• Removing restrictions on commingling in offshore oil reservoirs could increase GDP by 0.03-0.13 percent by 2035
• Increased production from federal lands could increase GDP by 0.025-0.11 percent per year
• Increased LNG exports could raise GDP by at least 0.03 percent by 2035
• Removing excess regulation could increase GDP by 0.25-0.67 percent or more by 2035

Read the whole thing here: The-Economic-Benefits-of-Unleashing-American-Energy