ENERGY/INFRASTRUCTURE/JOBS/MANUFACTURING/OIL/TRUMP EXECUTIVE ORDERS: “By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered as follows…
The United States is blessed with plentiful energy resources, including abundant supplies of coal, oil, and natural gas. Producers in America have demonstrated a remarkable ability to harness innovation and to cost-effectively unlock new energy supplies, making our country a dominant energy force. In fact, last year the United States surpassed production records set nearly 5 decades ago and is in all likelihood now the largest producer of crude oil in the world. We are also the world’s leading producer of natural gas, and we became a net exporter in 2017 for the first time since 1957. The United States will continue to be the undisputed global leader in crude oil and natural gas production for the foreseeable future.
These robust energy supplies present the United States with tremendous economic opportunities. To fully realize this economic potential, however, the United States needs infrastructure capable of safely and efficiently transporting these plentiful resources to end users. Without it, energy costs will rise and the national energy market will be stifled; job growth will be hampered; and the manufacturing and geopolitical advantages of the United States will erode. To enable the timely construction of the infrastructure needed to move our energy resources through domestic and international commerce, the Federal Government must promote efficient permitting processes and reduce regulatory uncertainties that currently make energy infrastructure projects expensive and that discourage new investment. Enhancing our Nation’s energy infrastructure, including facilities for the transmission, distribution, storage, and processing of energy resources, will ensure that our Nation’s vast reserves of these resources can reach vital markets. Doing so will also help families and businesses in States with energy constraints to access affordable and reliable domestic energy resources. By promoting the development of new energy infrastructure, the United States will make energy more affordable, while safeguarding the environment and advancing our Nation’s economic and geopolitical advantages…
It is the policy of the United States to promote private investment in the Nation’s energy infrastructure through:
(a) efficient permitting processes and procedures that employ a single point of accountability, avoid duplicative and redundant studies and reviews, and establish clear and reasonable timetables;
(b) regulations that reflect best practices and best-available technologies;
(c) timely action on infrastructure projects that advance America’s interests and ability to participate in global energy markets;
(d) increased regulatory certainty regarding the development of new energy infrastructure;
(e) effective stewardship of America’s natural resources; and
(f) support for American ingenuity, the free market, and capitalism.“
-Donald Trump, “Executive Order on Promoting Energy Infrastructure and Economic Growth,” whitehouse.gov, Apr. 10, 2019
[Note: Read the full Executive Order signed by Donald Trump.]