Make America Energy Independent
Current Status: WaitingAs of
"Make America energy independent, create millions of new jobs, and protect clean air and clean water. We will conserve our natural habitats, reserves and resources. We will unleash an energy revolution that will bring vast new wealth to our country.
Declare American energy dominance a strategic economic and foreign policy goal of the United States.
Unleash America’s $50 trillion in untapped shale, oil, and natural gas reserves, plus hundreds of years in clean coal reserves.
Become, and stay, totally independent of any need to import energy from the OPEC cartel or any nations hostile to our interests.
Open onshore and offshore leasing on federal lands, eliminate moratorium on coal leasing, and open shale energy deposits.
Encourage the use of natural gas and other American energy resources that will both reduce emissions but also reduce the price of energy and increase our economic output."
Even if Trump does open up all Federal lands and the coasts for drilling, it’s still unclear how much drilling would actually occur. Oil prices are fairly low right now, which could make it risky for companies to drill in the most challenging areas, like Alaska’s Arctic seas (where Shell tried and failed to find oil). And a few states, like Florida, might put up a fight along their coasts.
Additionally, members of the National Association of Regulatory Utility Commissioners has expressed concern that the uncertainty introduced by radical changes to the energy landscape threatens to throw energy markets into chaos, at least initially. This uncertainty makes it unclear what the end result will be for consumers and energy production.
In December 2016, Trump's transition team requested information from the Department of Energy regarding fossil fuel reserves and production as well as inquiries into the state and potential of existing nuclear power plants. This seems to indicate an intent to make major shifts in energy policy and a leaked memo sent by the head of President-elect Donald Trump's energy transition team in November 2016 would seem to confirm it.
Ultimately, the Federal government may have very little influence over energy markets, with renewables such as wind and solar currently outperforming fossil fuels in terms of new investments and jobs - even without subsidies or regulations.