We fixed Trump’s inaccurate claims on “energy dominance”

CAP Action
Jun 29, 2017 · 7 min read

President Donald J. Trump U̶n̶l̶e̶a̶s̶h̶e̶s̶ ̶A̶m̶e̶r̶i̶c̶a̶’̶s̶ ̶E̶n̶e̶r̶g̶y̶ ̶P̶o̶t̶e̶n̶t̶i̶a̶l̶ takes credit for the past 8 years that saw the U.S. halve our dependence on foreign oil and double our renewable energy

“Together, we are going to start a new energy revolution — one that celebrates American production on American soil.” — President Donald J. Trump

ACHIEVING AMERICAN ENERGY DOMINANCE: President Donald J. Trump has taken action in his first five months to remove unnecessary and burdensome roadblocks that would have prevented the United States from achieving energy dominance.

Nope. See this report from the National Petroleum Council from 2011: “The critical path to sustained and expanded resource development in North America includes effective regulation and a commitment of industry and regulators to continuous improvement in practices to eliminate or minimize environmental risk.”

CRITICAL TO AN AMERICAN ECONOMIC BOOM: The United States energy industry is critical to the economy and future economic growth.

The outdoor recreation industry, by comparison, employs 7.6 million Americans.
#ThanksObama. According to Axios, “The Energy Department under Obama also streamlined the process for exporting liquefied natural gas, which encouraged more natural-gas production.”

ENERGY POTENTIAL: While Americans have been told they would have to settle for declining energy resources, innovation and new technology have opened trillions of dollars of energy for development.

Another excerpt from that speech: ”If we’re serious about meeting our energy challenge we’re going to have to do more than drill. And that’s why the real solution is clean, homegrown energy.”
Industry already has the keys to the castle: a staggering 90 percent of public lands and minerals managed by the Bureau of Land Management are already open to oil & gas leasing. The issue is demand. In FY15 only 15 percent of the acreage offered in lease sales was purchased by industry.

PROMISE TO THE AMERICAN PEOPLE: President Trump is following through on his promises to the American people.

Trump doesn’t understand how markets work. From Axios: “There aren’t many policy levers the Trump administration can pull that would make America a bigger oil and gas producer than it already is, especially in the short-term, because the trend is fueled by market and technology developments, not policy."
President Trump misses the real success story entirely: America’s clean energy sector is booming. In the past eight years, the cost of installing renewable energy generation has plummeted; the costs of critical energy efficiency technologies like LED light bulbs have fallen even faster. At the same time, America’s carbon pollution trend has declined while the economy has grown and jobs in new fields like solar and wind energy have skyrocketed. Trump’s backwards fossil fuel agenda overlooks the success and momentum in today’s clean energy sector.

CAP Action

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Hard-hitting news + analysis paired with action on the issues that matter most. Working alongside @AmProg and @ThinkProgress.

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