Share on linkedin is two things at once on energy: an aspirational document yet one that arguably describes present reality, too.The Trump-y document calls for the U.S. to be energy "dominant" and to "drill, baby, drill" and end "crippling restrictions" on production and ... you get the point.
Missing is any mention of climate change. It calls for "terminating the Socialist Green New Deal," which is more of a call to arms than a strict policy proposal and has never moved legislatively.It comes as the U.S. is already the world's largest oil producer — it's not close anymore, as you can see above — the largest gas producer, and the largest LNG exporter.
The Energy Department's independent stats arm sees U.S. oil production growing to an average of almost 13.8 million barrels per day in 2025.Looking at all energy sources together, production nowRepublicans and some industry officials argue the U.S. isn't reaching its full potential and that President Biden closed off exploration that would help sustain future production and investment.
They point to steps like barring development on huge swaths of Alaskan federal lands, and the pause on new LNG export licenses to major markets, to name just two.The bottom line:Share on twitter