Trump's energy policy is doing more to stymie Russian ambitions than anything Democrats ever dreamed of
Trump Has Putin Over a BarrelI have been saying for some time that the anti-left is Putin and OPEC's best friend. Their attempts to stop energy production and transportation in the US plays into the hands of those who do not have US interests at heart.
But in an absolutely key part of the speech, he took direct aim at Putin's energy bullying.
Trump said, "we are committed to securing your access to alternate sources of energy, so Poland and its neighbors are never again held hostage to a single supplier of energy."
President Trump has quickly made it clear that former President Barack Obama's war on business is over. He's also made it clear, through regulatory rollbacks of breathtaking scope, that the Obama war on fossil fuels is over.
Trump wants America to achieve energy dominance. He withdrew from the costly Paris climate accord, which would have severely damaged the American economy. He directed the EPA to rescind the Obama Clean Power Plan, which would have led to skyrocketing electricity rates. He fast-tracked the Keystone XL pipeline. He reopened the door for a modernized American coal industry. He's overturning all the Obama obstacles to hydraulic fracturing, which his presidential opponent Hillary Clinton would have dramatically increased. And he has opened the floodgates wide to energy exports.
Right now, U.S. oil reserves are almost in parity with those of Saudi Arabia. We have the second most coal reserves in the world. There are enough U.S. gas reserves to last us about a century. We have already passed Russia as the world's top natural gas producer. We are the world's top producer of oil and petroleum hydrocarbons. And exports of liquefied national gas are surging, with the Department of Energy rapidly approving new LNG projects and other export terminals.