President Trump delivered remarks in Midland, Texas yesterday highlighting the success of the Trump administration’s energy dominance agenda while announcing new permits for pipeline and rail infrastructure.
In a push to further expand American energy production, President Trump announced the permitting of four projects on the border. Three of the permits will allow for increased American exports of crude oil to Mexico, while the fourth will allow the existing Keystone pipeline to raise the cross-border shipping limit to 760,000 barrels a day, from 590,000.
“With the tremendous progress we have made over the past three years, America is now energy independent,” remarked President Trump
Yesterday’s announcement is just the latest effort of the administration to strengthen American energy independence and increase the availability of affordable energy for American consumers.
Under the Trump administration, the U.S. has become the world leader in crude oil production while maintaining its role as the top producer of natural gas thanks to the fracking revolution. The deregulatory actions taken under President trump to increase energy production have increased the number of jobs in the energy sector while benefiting consumers through lower prices.
President Trump’s dedication to American energy independence and commitment to vital energy infrastructure projects is in stark contrast to the agenda offered by Democrats. Earlier this week, Joe Biden’s climate task force Co-Chair, Rep. Alexandria Ocasio-Cortez (D-NY), introduced a measure that would establish a nationwide ban on new pipeline construction. Such heavy-handed policy would raise energy prices for all Americans while disproportionately harming poor households who spend a higher share of their income on energy bills and gasoline.
Americans for Tax Reform applauds the Trump administration for its commitment to affordable energy and American energy independence. Yesterday’s announcement from President Trump is further evidence of our country’s progress towards achieving these goals.