WEST PALM BEACH, FLORIDA - NOVEMBER 06: Republican presidential nominee, former U.S. President Donald Trump arrives to speak during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. Americans cast their ballots today in the presidential race between Republican nominee former President Donald Trump and Vice President Kamala Harris, as well as multiple state elections that will determine the balance of power in Congress. (Photo by Chip Somodevilla/Getty Images)
Following his long-promised goal of increasing energy production in the United States, Donald Trump signed an executive order declaring a national energy emergency immediately upon taking office.
During his inaugural address, Trump boasted that the U.S. would “drill, baby, drill,” referring to his promised effort to boost oil drilling and gas production domestically. Referring to the nation’s untapped natural oil reserves as “liquid gold under our feet,” Trump framed these resources as key to boosting the economy. He also announced plans to authorize expanded drilling and resource harvesting in Alaska and to roll back previous efforts by the Biden Administration to promote the widespread adoption of electric vehicles.
Trump justified these efforts by promising to lower costs for U.S. consumers. He claims that increased domestic energy production will drive down the prices of goods and energy bills. The president argued that greater fuel availability leads to lower fuel costs, which in turn reduce electricity and production costs, ultimately resulting in cheaper goods.
He also predicted economic growth for the country when U.S. oil is exported worldwide. Through an emergency declaration, Trump will have the power to expedite these goals by implementing policies and projects that would otherwise require extensive review. The president has significant authority to declare national emergencies with little resistance from other branches of government and is meant to be used in times of crisis.
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These efforts reverse the Biden administration’s energy policies, prioritizing environmental preservation and green energy. Shortly before the end of his term, Biden introduced policies that ban offshore drilling on the Atlantic and Pacific coasts. Trump has since pledged to undo these bans. Biden also sought to promote electric vehicles by offering benefits to EV owners, such as tax credits and stipends.
Such policies are now at risk of being overturned and will likely undergo significant changes under the Trump administration. The president’s proposed measures are expected to face intense opposition from environmental groups but the Republican-controlled Congress will likely go along with him.
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