Trump's Energy Plan Will Boost Gas Exports, Oil Drilling (Connecting the Dots: Barack Obama, Keystone XL pipeline, TransCanada Corporation, SKDKnickerbocker & Soros Funding, All Networking)
Newsmax.com
Monday,
25 November 2024 07:28 AM EST
https://www.newsmax.com/us/energy-lng-natural-gas/2024/11/25/id/1189269/
Donald
Trump's transition team is putting together a wide-ranging energy package to
roll out within days of his taking office that would approve export permits for
new liquefied natural gas (LNG) projects and increase oil drilling off the U.S.
coast and on federal lands, according to two sources familiar with the plans.
The
energy checklist largely reflects promises Trump made on the campaign trail,
but the plan to roll out the list as early as day one ensures that oil and gas
production will rank alongside immigration as a pillar of Trump's early agenda.
Trump
also plans to repeal some of his Democrat predecessor's key climate legislation
and regulations, such as tax credits for electric vehicles and new clean power
plant standards that aim to phase out coal and natural gas, the sources said.
An
early priority would be lifting President Joe Biden's election-year pause on
new export permits for LNG and moving swiftly to approve pending permits, the
sources said. Trump would also look to expedite drilling permits on federal
lands and quickly reopen five-year drilling plans off the U.S. coast to include
more lease sales, the sources said.
Trump
would seek to approve the Keystone Pipeline, an issue that
was an environmental flashpoint and which was halted after Biden canceled a key
permit on his first day in office. But any company looking to build the
multibillion-dollar effort to carry Canadian crude oil to the U.S. would need
to start from scratch because things like easements have been returned to
landowners.
"The
American people can bank on President Trump using his executive power on day
one to deliver on the promises he made to them on the campaign trail,"
Karoline Leavitt, Trump's transition spokesperson, said in a statement.
Many
of the elements in the plan would require time to move through Congress or the
nation's regulatory system. Trump has promised to declare an energy emergency
on his first day in office that could test whether he can bypass those barriers
to impose some changes on an accelerated schedule.
Trump
would also call on Congress to provide new funding so he can replenish the
nation's Strategic Petroleum Reserve, established as an emergency crude oil
supply and which was depleted under Biden to help manage price spikes caused by
the Ukraine crisis and high inflation during the pandemic. Replenishing the
reserve would boost short-term oil demand and encourage U.S. production.
Trump
is also expected to put pressure on the International Energy Agency, the
Paris-based energy watchdog that advises industrialized countries on energy
policy. Republicans have criticized the IEA's focus on policies to reduce
emissions. Trump's advisers have urged him to withhold funding unless the IEA
takes a more pro-oil position.
"I
have pushed Trump in person and his team generally on pressuring the IEA to
return to its core mission of energy security and to pivot away from
greenwashing," said Dan Eberhart, CEO of oilfield service firm Canary.
Trump
'Plans to Go Strong' on LNG
Biden
put a freeze on new LNG export permits in January to study the environmental
impacts, in an election-year move aimed at making gains with the party's green
voting blocs.
Without
the export permits, developers cannot go ahead with multi-year construction
plans for new projects. Projects delayed include Venture Global's CP2,
Commonwealth LNG, and Energy Transfer's Lake Charles complex, all of which are
in Louisiana.
The
United States is the world's top producer of natural gas, and became the No. 1
exporter of LNG in 2022 as Europe looked to America to wean itself off Russia's
vast energy supplies following the invasion of Ukraine. The Biden
administration promised to release the environmental study before Trump assumes
the White House on Jan. 20, but it would have no influence on the incoming
administration, the sources said.
"The
LNG issue is a lay-up and he plans to go strong on the issue," said one of
the sources.
There
are five U.S. LNG export projects that have been approved by the Federal Energy
Regulatory Commission, but are still awaiting permit approvals at the
Department of Energy, federal records show.
Biden's
pause also halted necessary environmental reviews, portions of which may still
be needed for the five pending DOE permits to withstand legal scrutiny.
Looking
to Drill Offshore and on Federal Lands
Trump
would look to accelerate drilling off the U.S. coast and on federal lands.
The
average time to complete a drilling permit on federal and Indian land averaged
258 days in the first three years of Biden's administration, up from 172 days
during the four years of Trump's presidency, according to federal data.
Trump
is expected to expedite pending permits, hold sales more frequently and offer
land that is more likely to deliver oil, the sources said.
Despite
the lag time in permit approvals, Biden's Interior Department approved more
onshore oil drilling permits on average than Trump's first administration,
federal records show.
Oil
output on federal lands and waters hit a record in 2023, while gas production
reached its highest level since 2016, according to federal data.
Drilling
activity on federal lands and waters accounts for about a quarter of U.S. oil
production and 12% of gas output.
Connecting
the Dots:
Environmental
Resources Management helped produce State Department environmental
impact statement for the Keystone XL pipeline.
Andrew
Bielakowski is a senior project manager for the Environmental
Resources Management and was a consultant for the TransCanada
Corporation.
TransCanada
Corporation is the proposed builder for the Keystone XL
pipeline.
Susan E. Rice is
a stockholder in the TransCanada Corporation, was the White House
national security adviser for the Barack Obama administration and
was a senior fellow at the Brookings Institution (think tank).
Foundation to Promote Open Society was a funder for
the Brookings Institution (think tank) and the Carnegie
Endowment for International Peace (think tank).
George Soros was the chairman for
the Foundation to Promote Open Society.
William W. Bradley is
a trustee at the Carnegie Endowment for International Peace (think
tank), was the candidate for the 2000 Bill Bradley presidential
campaign and Anita B. Dunn was his chief of staff.
Robert F. Bauer
was counsel for the 2000 Bill Bradley presidential campaign, Barack
Obama’s personal counsel, the White House counsel for the Barack
Obama administration and is a partner at Perkins Coie and married
to Anita B. Dunn.
Anita B. Dunn is
married to Robert F. Bauer, the managing director for SKDKnickerbocker,
was the communications director for the Barack Obama administration, William
W. Bradley’s chief of staff, and produced the ad campaign for
the Keystone XL pipeline.
TransCanada
Corporation is a SKDKnickerbocker client and the
proposed builder for the Keystone XL pipeline.
Susan E. Rice is
a stockholder in the TransCanada Corporation, was the White House
national security adviser for the Barack Obama administration and
was a senior fellow at the Brookings Institution (think tank).
Foundation to Promote Open Society was a funder
for the Brookings Institution (think tank) and the Harlem
Children's Zone.
George Soros was the chairman for
the Foundation to Promote Open Society and a benefactor for
the Harlem Children's Zone.
Michael R.
Bloomberg was a benefactor for the Harlem Children's Zone, an
advocate for the ONE Campaign and is the founder of the Independence
USA PAC.
Independence
USA PAC is a “Gun Safety, Gun Control” PAC
for guns.
SKDKnickerbocker is
a media consultant for the Independence USA PAC.
TransCanada
Corporation is a SKDKnickerbocker client and the
proposed builder for the Keystone XL pipeline.
U.S.
Department of State requires approval for the Keystone XL
pipeline.
Condoleezza Rice was a secretary for the U.S. Department of State, a director at the ONE Campaign, is a director at the Atlantic Council of the United States (think tank) and an overseer at the International Rescue Committee.
Open Society Foundations was a funder for
the Atlantic Council of the United States (think tank).
George Soros is the founder & chairman
for the Open Society Foundations, was the chairman for the Foundation
to Promote Open Society and a benefactor for the Harlem Children's
Zone.
Foundation to Promote Open Society was a funder for
the International Rescue Committee and the Harlem Children's
Zone.
ONE Campaign is
a partner with the International Rescue Committee.
Michelle Obama was
an advocate for the ONE Campaign.
Michael R.
Bloomberg was an advocate for the ONE Campaign, a benefactor
for the Harlem Children's Zone and is
the founder of the Independence USA PAC.
Independence
USA PAC is a “Gun Safety, Gun Control” PAC
for guns.
SKDKnickerbocker is
a media consultant for the Independence USA PAC.
TransCanada
Corporation is a SKDKnickerbocker client and the
proposed builder for the Keystone XL pipeline.
Anita B. Dunn is
the managing director for SKDKnickerbocker, married to Robert
F. Bauer, was the communications director for the Barack Obama
administration, William W. Bradley’s chief of staff and
produced the ad campaign for the Keystone XL pipeline.
TransCanada
Corporation is a SKDKnickerbocker client and the
proposed builder for the Keystone XL pipeline.
Susan E. Rice is
a stockholder in the TransCanada Corporation, was the White House
national security adviser for the Barack Obama administration and
was a senior fellow at the Brookings Institution (think tank).
Resources:
Past Research
Nebraska
Approves Keystone XL Pipeline (Past Research on the
Keystone Pipeline)
Monday,
November 20, 2017
https://thesteadydrip.blogspot.com/2017/11/nebraska-approves-keystone-xl-pipeline.html
Connecting
the Keystone XL Pipeline, Obamacare, and the Ukraine Dots (Past Research on the Keystone Pipeline)
Saturday,
April 19, 2014
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