Although President Obama did his best to slow the oil production in America with many regulations, ironically, the greatest oil boom in this nation's history came during his tenure. He also added many restrictions on other natiral energy sources. President Trump made a campaign pledge to end federal energy restrictions and also increase oil drilling in America. Trump also vowed to "Unleash American energy dominance"
*UPDATE: Under Trump U.S. crude oil and natural gas production hit multiple all time highs. The U.S. is set to become the world’s top oil producer. And the U.S. made record-breaking progress in renewable energy with increasing solar and wind power capacity.
1/24/17: President Donald Trump signed an executive order advancing the Keystone XL and Dakota Access pipelines.Why do we agree with President Trump's decision here? Let's take a look.
1:First off, these projects will create thousands of new jobs, including permanent ones.
2: It makes America less dependent on foreign Middle Eastern oil.
3: Natural gas has driven energy costs to record lows.
4: It is currently the best energy alternative...........
Wind energy is unreliable, expensive and utterly impractical. Not to mention it kills an estimated 300,000 birds, eagles and bats each year. Wind energy turbines can be set up only in certain locations. They are noisy and an eyesore and depend on the speed of wind which is unpredictable causing them to function usually at a capacity of 30% or so.
Most all can agree that solar energy is the best energy source option. But the technology is just not there yet. Although it is moving quickly in the right direction. So in the meantime how are humans supposed to heat their homes and drive to work? By using clean, non foreign oil drilling technology such as the Keystone XL and Dakota Access pipelines. To see how we grade Trump's decision based on the environment jump over to our Environment page.
4/28/17: Trump signed an executive order implementing an "America-First Offshore Energy Strategy". The order reverses a ban on Arctic leasing put in place under the Obama administration in December and directs Interior Secretary Ryan Zinke to review areas available for off-shore oil and gas exploration. “We are unleashing American energy and clearing the way for thousands and thousands of high-paying American energy jobs,” President Trump said during the announcement.
10/5/17: Renewable energy has grown faster than expected.
10/8/17: U.S. crude oil production hits highest level on record.
11/29/17: U.S. Oil production hits 4th straight record high.
12/21/17: Trump's tax plan also included successfully allowing oil development in the Arctic National Wildlife Refuge ending an epic, nearly four-decade battle. Adding yet one more weapon in decreasing the dependence on Middle Eastern foriegn oil.
12/22/17: President Donald Trump signed an executive order to end US reliance on foreign sources of “critical minerals” such as battery metals lithium and cobalt. The executive order directs the development of a federal strategy that ensures "secure and reliable supplies" of critical minerals. The order could be a boon to domestic mining companies. According to the recently released USGS Mineral Commodity Summaries 2017, America was 100% net import reliant on 20 mineral commodities in 2016, including manganese, niobium, tantalum and others.
1/22/18: Trump approved import duties of as much as 30% on solar equipment made abroad. U.S. panel maker First Solar Inc. jumped 9% to $75.20 in after-hours trading. American based solar manufacturers stand to gain as costs for competing, foreign panels rise.
3/2/18: U.S. oil production hits a record high.