1/31/2018

ENERGY/NONTRUTHS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump on Tuesday [1-30-18] delivered his first State of the Union address, and CNN’s Reality Check Team was there to vet his claims.
The team of reporters, researchers and editors across CNN listened throughout the speech and analyzed key statements, rating them either true, true but misleading, or false.
Energy
US exports…
‘We are now, very proudly, an exporter of energy to the world,’ Trump said Tuesday night.
It’s true that the United States exports energy. It has for decades. It just imports a lot more.
The gap has been shrinking in recent years. But the US Energy Information Administration estimates the United States will keep importing more energy than it exports until 2026 — maybe sooner and maybe later, depending on prices, world demand and regulation.
American exports of one form of energy, crude oil, are booming. But that’s not because of Trump. US oil production has climbed substantially for a decade. And Congress repealed a law in 2015 and allowed US producers to send crude to countries other than Canada.
The United States recently became a net exporter of natural gas. But that was because a technological revolution made it easier to extract an abundance of gas from shale formations.
Verdict: False.”

-CNN’s Reality Check Team, “CNN’s Reality Check Team vets Trump’s State of the Union,” CNN Politics, CNN.com, Jan. 31, 2018 09:46am