Trump: “Restoring US Energy Dominance” (Excerpts from July 29, 2020 speech)

By Robert Bradley Jr. -- August 3, 2020 No Comments

“To ensure we maintain this dominant position long into the future … my administration is announcing today that export authorizations for American liquefied natural gas can now be extended through the year 2050.”

“Today, I’m taking another bold action to support energy jobs in Texas. In a few moments, I will sign four critical permits, granting approval to vital pipeline and railway infrastructure on our nation’s border.”

Last week, President Trump got back on the energy trail (see previous energy-related talks here, here, here, here, and here) with a speech at Double Eagle Energy in Midland, Texas. Some highlights of his talk follow:

“Thanks to the hardworking citizens like you, the United States of America is now the number one energy superpower anywhere in the world.  So, congratulations.” 

“We’re here today to celebrate your incredible achievements.  We’re also here to send a clear message to the zealots, radicals, and extremists trying to shut down your industry and to make America subservient to foreign producers.  That won’t happen to this nation again.”

“It took a long time to be independent.  And as long as I’m your President, we will never let anyone put American energy out of business, which is what they’d like to do.”

“We will never again be reliant on hostile foreign suppliers.  We will defend your jobs and … America’s newfound energy independence.”

“Under the last administration, America’s energy industry was under relentless and unceasing attack….

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Cars Trump Mass Transit, Pandemic Aside (O’Toole’s Cato Study Contribution)

By Robert Bradley Jr. -- July 9, 2020 7 Comments

“The recent declines in transit ridership are a continuation of trends that began before 1920: the most important of these are the increasing levels of auto ownership and the migration of jobs and people to the suburbs.”

“A century ago, transit was a vital part of American urban economies. At least outside of New York City, that is no longer true. It’s time to stop wasting $54 billion a year pretending that it is.”

Randal O’Toole is the proverbial gentleman and scholar. His decades of work on transportation issues has held up well–very well. And so it was with great interest that I read his latest Policy Analysis for the Cato Institute, “Transit: The Urban Parasite” (April 2020).

Some highlights follow:

Falling Demand

“Data released by the Federal Transit Administration in December 2019 indicate that 2018 transit ridership fell in 40 of the nation’s top 50 urban areas, and, over the past five years, ridership has fallen in 44 of those 50 urban areas.”

“These declines [in transit ridership] have taken place in spite of huge increases in spending on public transit.

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Statement by President Trump on the Paris Climate Accord (three year anniversary today)

By Robert Bradley Jr. -- June 1, 2020 No Comments

[Editor Note: On June 1, 2017, President Trump announced the U.S. withdrawal from the Paris Climate Accord. On November 4, 2019, the U.S. formally notified the United Nations of its impending withdrawal, which will take effect in one year unless reversed.

Trump’s speech made a devastating case the Paris accord was futile in light of sovereign self-interest, discriminatory toward America, and inconsequential to global climate. Calling out the bad motives of the economic and industrial “obstructionists,” Trump’s speech was and always will be a free-market highlight.

“Thus, as of today, the United States will cease all implementation of the non-binding Paris Accord and the draconian financial and economic burdens the agreement imposes on our country. This includes ending the implementation of the nationally determined contribution and, very importantly, the Green Climate Fund which is costing the United States a vast fortune.”

“The United States, under the Trump administration, will continue to be the cleanest and most environmentally friendly country on Earth.”

THE PRESIDENT: One by one, we are keeping the promises I made to the American people during my campaign for President …. 

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Trump’s New CAFE Rule: Better than Obama, Still Too Much

By Robert Bradley Jr. -- April 16, 2020 4 Comments

“… the rule plus the revocation of the California waiver is a huge win for auto buyers and drivers, but it should and could have gone much further in increasing consumer choice, especially in terms of safer vehicles, and still have complied with the Energy Policy and Conservation Act of 1975 that created CAFE standards.” (Myron Ebell, Competitive Enterprise Institute)

“Demand destruction from the current Pandemic offers a new opportunity for demand construction. Letting the petroleum industry, from the wellhead to the pump, receive its rightful free-market demand in the car and truck market should be a ‘restart’ strategy of the Trump Administration. Full repeal of CAFE would be part of this.” (below)

The Trump Administration has rolled back Obama’s 2012 proposal to mandate a 5 percent annual fuel reduction per mile from covered motor vehicles.

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Obama’s Trumpian Oil Moment Eight Years Ago

By Robert Bradley Jr. -- March 20, 2020 3 Comments Continue Reading

Trump: The State of the Union Address (climate unmentioned)

By Robert Bradley Jr. -- February 5, 2020 1 Comment Continue Reading

Greenwash Not! President Trump to World Economic Forum (a Julian Simon moment ….)

By Robert Bradley Jr. -- January 22, 2020 3 Comments Continue Reading

Trump on NEPA Reform (in his own words)

By Robert Bradley Jr. -- January 13, 2020 No Comments Continue Reading

Trump + Climate = Krugman Going Crazy

By Robert Bradley Jr. -- December 17, 2019 3 Comments Continue Reading

Energy Progress: Trump Remarks at the New York Economic Club (November 12, 2019)

By Robert Bradley Jr. -- November 18, 2019 1 Comment Continue Reading