On Friday, Donald Trump signed a regulation on the establishment of the National Council for Energy Domination. The American president wants to eliminate regulatory barriers, as well as increase domestic extraction of natural gas and oil.
The Trump administration also announced that it had granted a conditional permission to Exports as part of a large production project of liquefied natural gas (LNG) in Louisiana. Last year, the project was blocked by the president Joe Biden.
Donald Trump He announced that he ordered the secretary of the Interior Department, Doug Burgum, who would preside to the newly appointed council, withdrawing the ban imposed by its predecessor, regarding future oil wells on sea on the east and west coast. The current president assessed that his predecessor Joe Biden “brutally eliminated” almost 253 million hectares of maritime areas that could contribute to the “increase in value” of the country.
The republican president also promised to resume the canceled project of building a pipeline for transporting natural gas from Pennsylvania to New York. In his opinion, this will reduce Energy prices In the northeast, up to 70 percent
America is “happiness for liquid gold”
The AP agency pointed out that Trump, according to which America is “lucky for liquid gold”, strives to increase energy production in USAespecially in the field of fossil fuels, such as oil and natural gas, and to remove regulatory barriers.
Biden blocked the construction of new oil wells at sea two weeks before the end of the term of office to protect sea areas along the east and west coast, the eastern part of the Gulf of Mexican and part of the northern Bing Sea in Alaska. According to AP, Biden's decision may be difficult to withdraw by Trump, because it would most likely require the Congress to adopt a special law.
Source of the main photo: PAP/EPA/SHAWN THEW