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Posted on 04/01/2026 12:54:22 PM PDT by SoConPubbie
Last year saw a record of 714 million barrels of offshore oil produced, according to a press release from the Interior Department. Interior Secretary Doug Burgum underscored that the United States is tapping into its true energy potential.
“President Trump has made it clear that America should fully develop its abundant energy resources in a way that strengthens our economy and benefits American families,” Burgum said in a statement.
“By providing regulatory certainty, streamlining processes and encouraging responsible development, this administration is unlocking the full potential of our domestic energy resources — supporting job creation, lowering energy prices, strengthening energy security and maintaining strong safety and environmental protections,” he added.
The release notes that the administration’s policies, which include regulatory efficiency and providing energy developers with more certainty, have led to a boom in offshore project investment.
~ SNIP ~
The record energy production makes good on one of Trump’s core campaign promises in the 2024 cycle. In February 2023, when he was the lone candidate in the Republican field, he pledged to “bring back a pro-American energy policy at long last.”
“I will deploy a team of warrior lawyers to hunt down every unnecessary regulation in the federal registry that hampers domestic production and we will wipe them off the books,” he said in a campaign video at the time.
“Nobody has more liquid gold under their feet than the United States of America, and we will use it and profit by it and live with it, and we will be rich again, and we will be happy again and will be proud again,” he went on to add.
(Excerpt) Read more at breitbart.com ...
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Looking high and low for it!
Who needs it. We need to buy crap Venezuela oil.
It’s better if the world gets it from us but isn’t it best to flood the market from all sources? The bad guys get less revenue to do their thing.
While the price of US oil (basis NYMEX futures) is higher since the start of the war with Iran, its increase is much smaller than prices in the EU or in the Persian Gulf
Natural Gas in the USA (basis NYMEX futures) is actually DOWN 10% since the recent war with Iran started. The USA’s “fossil fuels” energy mix is about 55% oil - 45% gas - with a much higher ratio for natural gas than the rest of the world.
Trump and his planners were 100% correct that this “energy shock” we hear about in the media isn’t really effecting the USA economy.
Unfortunately, the market for oil is global. We could increase production by 20%. But if the Strait of Hormuz is closed or limited, the overall price for a barrel of oil is still going higher.
Yes, the US should be focused on increased production. But to suggest that our increased production will have much impact on a constricted supply globally is either ignorant or delusion. It dismisses a basic understanding of the marketplace.
That’s also known as , Drill Baby, drill!
It's just plain wrong....and stupid.
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