Trump's Energy Dominance Agenda Will Drive Down Inflationary Costs, Solve The Affordability Crisis
Due to decades of government-fueled socialist brainwashing within America's modern educational system; hopefully soon to be targeted for removal as well; many younger Americans have a hard time understanding why price inflation exists, and what can cause the cost of living to rise. Everyone who knows anything about economics knows debt insolvency is one of the major problems. True, but unsustainable debt is not the only culprit when it comes to rising prices. If you have limited production, and high demand, that also impacts prices and drives costs higher! Not only did the previous Biden regime create trillions more in national debt…. they also cut back on domestic energy production, canceling numerous pipeline projects and new exploration contracts. They also put more regulations and restrictions on power plants, causing production of energy output to fall nationwide and inevitably drive up prices.
Energy impacts the price of everything else because it takes energy to manufacture products, grow crops, and move goods to stores, consumers and construction sites. High energy prices drive up the costs of transportation, groceries, housing, healthcare, and everything else the American people rely on. To solve the affordability crisis, we must solve the energy crisis.
As Trump’s energy agenda comes to focus, Texas is already leading the way.
In his massive flurry of executive actions after being sworn in, President Donald Trump made clear that he intends to follow the Texas pro-energy model for energy success based on deregulation, innovation, and exploration.
Perhaps most consequentially, he declared a national energy emergency and put permits for oil and gas infrastructure on a fast track. He also signed executive orders to roll back oil and gas restrictions in Alaska and along our nation’s coasts and restarted the approval process for liquid natural gas exports. These actions — with more certainly to come — will incentivize a marked increase in energy production and exploration here in America.
The US has one of the cleanest economies in the world, which means to have a clean environment we must produce as much energy as possible in the US. This is especially the case with natural gas. When American production goes up, usage of cleaner energy goes up and dirtier energy goes down.
President Donald Trump already proved this was the case during his fisrt term in office. During his first term, he cut red tape and empowered US energy producers. Not only did these moves increase domestic energy production, under President Trump emissions declined. In fact, the Biden-Harris administration had higher emissions than Trump did despite years of heavy-handed green energy policies.
https://www.zerohedge.com/energy/trumps-energy-dominance-agenda-looks-texas
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