President-elect Donald Trump’s incoming energy agenda can be summarized by two strategies: “frack, frack, frack” and “drill, baby, drill.” While railing against the “Green New Scam” on the campaign trail, Trump has promised to tackle inflation by halving energy costs and electricity prices within 18 months of moving into the White House. The jury is still out on whether the incoming administration can achieve this lofty goal.
Inside the Trump Agenda
New data from the Energy Information Administration show the United States is producing a record 13.5 million barrels per day, higher than the pre-crisis daily level of 13.1 million.
Record energy production is occurring despite the current administration’s anti-fossil fuel initiative, which has consisted of blocking drilling on millions of acres in Alaska, increasing royalties that oil and…
