Home Economy Trump Leads US to be a Net Fossil Fuel Exporter

Trump Leads US to be a Net Fossil Fuel Exporter

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Under President Trump’s leadership, the United States has become a net exporter of fossil fuels. The Democrats running for president want to change this and have proved as much by continually attacking the oil industry.

According to The Daily Caller:

The U.S. exported roughly 89,000 barrels of fossil fuels per day during September, according to data the Energy Information Administration (EIA) released Nov. 29. That’s the first full month the U.S. has exported more than it imported since the U.S. began tracking such data in 1949.

A decade-long increase in fracked gas production is fueling the numbers. Former presidents Jimmy Carter and Barack Obama, among others, spent years promising to make the U.S. energy independent. Presidential candidates from both parties made similar pitches throughout the years.

“This is a very big deal, not just rich in symbolism but marking a major and tangible benefit to the U.S. economy,” Daniel Yergin, vice chairman of IHS Markit, told reporters Tuesday. He authored a book “The Prize” in 2008 that fleshed out how big oil became a dominant form of energy.

Meanwhile, many of the 2020 Democratic presidential candidates are campaigning on bludgeoning the oil industry.

Both Bernie Sanders and Elizabeth Warren have campaigned against the oil and gas industry effectively picking unproven climate science over the proven economy.

via trumptrainnews

1 COMMENT

  1. Yea right, the “oil business is bad” ploy.

    “Both Bernie Sanders and Elizabeth Warren have campaigned against the oil and gas industry effectively picking unproven climate science over the proven economy.”

    So get rid of proven industry for the Socialist/Communist “hope it works” economy. Pathetic really. And while they are “experimenting” with this unproven climate science, We the People will pay billions more, over and over again until they get it right and say See it works!

    Have a sewer system failing as a Superfund site cleanup that costs us BILLIONS that I would love to sell back to you. Unfortunately, under a Consent Order complete with an appointed Judge, We are stuck with the FULL expense. AND we can not hold anyone responsible for the devastating affect that this failed project is doing.

    GOD BLESS PRESIDENT TRUMP! GOD BLESS THE USA!

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