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A Look at Donald Trump's America First Energy Plan

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Tomorrow, Donald Trump is set to become the 45th president of the United States of America.

Before November's election, we sat down with an industry expert for his take on President-elect Trump's energy strategy. Dr. Kent Moors is the executive chair of the Energy Capital Research Group and a former professor of political science at the Graduate Center for Social and Public Policy at Duquesne University in Pittsburgh. 

You can hear his insights in the video below. Please note that the analysis and commentary presented in the video solely reflects the views of Dr. Moors and does not reflect the views of Direct Energy nor does it constitute an endorsement. 

As a presidential candidate, Trump regularly called for tapping into U.S. oil, natural gas and coal reserves while emphasizing jobs could be created through increased production. Here are the seven key points presented in President-elect Trump's America First Energy Plan, which are also echoed in his 100-day action plan: 

  • Make America energy independent, create millions of new jobs, and protect clean air and clean water. We will conserve our natural habitats, reserves and resources. We will unleash an energy revolution that will bring vast new wealth to our country.

  • Declare American energy dominance a strategic economic and foreign policy goal of the United States.  

  • Unleash America’s $50 trillion in untapped shale, oil, and natural gas reserves, plus hundreds of years in clean coal reserves.

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  • Become independent of any need to import energy from the OPEC cartel or any nations hostile to our interests.

  • Open onshore and offshore leasing on federal lands, eliminate moratorium on coal leasing and open shale energy deposits.

  • Encourage the use of natural gas and other American energy resources that will both reduce emissions but also reduce the price of energy and increase our economic output. 

  • Rescind executive actions by the previous administration. 

While those brief points paint the incoming administration's energy direction in broad brushstrokes, the details will continue to become clearer in the coming months and years. 

Stay tuned to the Direct Energy Business Blog as we continue to highlight major energy trends to watch in 2017. 

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Posted: January 19, 2017