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


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Natural Resources: 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.
If that sounds overly dramatic, it isn't. Recent developments in drilling technology have made vast domestic supplies of oil and natural gas available for production. That, combined with the country's abundance of coal, means the U.S. could be a net energy exporter in nine years.
:snip:

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