Coral Davenport

You know, this has been his vision for a long time. But more than that, it's about wanting to be seen as doing an aggressive U-turn on the Biden administration. President Biden, in his inauguration address and on his first day, made clear that he wanted climate change to be central to his legacy. And it really was.

So for President Trump to come in on his first day and make clear that he's going to tear that apart is a specific, clear, and personal message to his predecessor that I think he wants to send.

So for President Trump to come in on his first day and make clear that he's going to tear that apart is a specific, clear, and personal message to his predecessor that I think he wants to send.

He does. He talks about energy prices being too high because of regulation. He suggests that there is some kind of energy shortage that is hampering the U.S. economy. And so he essentially declares what he calls an energy emergency.

He does. He talks about energy prices being too high because of regulation. He suggests that there is some kind of energy shortage that is hampering the U.S. economy. And so he essentially declares what he calls an energy emergency.

And when a president does that, it gives them the executive authority to basically hop over a bunch of rules and laws and things that get in the way of getting things done.

And when a president does that, it gives them the executive authority to basically hop over a bunch of rules and laws and things that get in the way of getting things done.

Exactly. And so he's saying we have energy shortages, prices are too high under an energy emergency. You know, I don't have to follow permitting or regulation or basically obey a lot of rules that are there in order to make sure that we get these supplies of energy to American consumers and businesses.

Exactly. And so he's saying we have energy shortages, prices are too high under an energy emergency. You know, I don't have to follow permitting or regulation or basically obey a lot of rules that are there in order to make sure that we get these supplies of energy to American consumers and businesses.

actually in an energy emergency? By no measure is the United States in an energy emergency. Right now, the United States is the largest producer of oil and gas in the world. It's currently producing more oil and gas than any country has at any time in history. The price of oil right now globally is at about $76 a barrel globally.

actually in an energy emergency? By no measure is the United States in an energy emergency. Right now, the United States is the largest producer of oil and gas in the world. It's currently producing more oil and gas than any country has at any time in history. The price of oil right now globally is at about $76 a barrel globally.

That's about the average that it's been for the last 20 years adjusted for inflation. Price of gasoline is near a three-year low. So supplies are abundant. Prices are moderate. I cannot find anyone who can sort of understand what the fundamentals are for making this argument.

That's about the average that it's been for the last 20 years adjusted for inflation. Price of gasoline is near a three-year low. So supplies are abundant. Prices are moderate. I cannot find anyone who can sort of understand what the fundamentals are for making this argument.

So he's casting a really broad net here, but at the 30,000-foot level, I think it comes down to three basic categories. One is pushing for more oil production. Two is limiting EVs, kind of stopping the use of electric vehicles and the support for electric vehicles, and limiting renewable energy, but particularly limiting wind power.

So he's casting a really broad net here, but at the 30,000-foot level, I think it comes down to three basic categories. One is pushing for more oil production. Two is limiting EVs, kind of stopping the use of electric vehicles and the support for electric vehicles, and limiting renewable energy, but particularly limiting wind power.

So, yeah, Trump loves to talk about unleashing American oil. But how does one unleash American oil, particularly since we are in the largest oil boom of any country at any time in history? How do you unleash even more than that? So this is what he says he wants to do. He wants to open up more federal lands to drilling.

So, yeah, Trump loves to talk about unleashing American oil. But how does one unleash American oil, particularly since we are in the largest oil boom of any country at any time in history? How do you unleash even more than that? So this is what he says he wants to do. He wants to open up more federal lands to drilling.

And then he also wants to basically eliminate or speed up all the rules and permitting and regulations that oil companies have to comply with in order to get access to this land, both to drill and also, by the way, to move oil, the pipelines, the ports, the terminals, all of that. We're going to make that really easy for you. Check a box and get right at it.

And then he also wants to basically eliminate or speed up all the rules and permitting and regulations that oil companies have to comply with in order to get access to this land, both to drill and also, by the way, to move oil, the pipelines, the ports, the terminals, all of that. We're going to make that really easy for you. Check a box and get right at it.

Trump talks about how, you know, if the price of oil goes down, if the price of gasoline goes down, you know, the pitches like this makes life easier for everyday Americans. And, you know, Trump's nominee for treasury secretary said during his confirmation hearing that a core part of his plan is lowering inflation and says that lowering gas prices is a central part of that effort.