American energy independence is a really good idea. We say during the 1970’s what dependence on foreign oil can do to our economy and our gasoline supply. America has the resources to be energy independent, and some of what we are learning indicates that fossil fuel is not as limited as we once thought.
On June 25th, The Washington Free Beacon reported:
The Trump administration announced a Gulf of America oil and gas lease sale that would span roughly 80 million acres, an area that is larger than the United Kingdom.
The behemoth lease sale, which will be the first offshore lease sale since President Donald Trump took office, is scheduled for December 2025 and will offer 15,000 blocks of federal waters across the entire gulf. Companies with winning bids will be subject to a reduced royalty rate, something that could potentially drive greater industry interest and participation in the sale, according to the Department of the Interior (DOI).
It is the latest action the Trump administration has taken in pursuit of its aggressive energy dominance and “drill, baby, drill” agenda. The announcement also represents a U-turn from the Biden administration’s approach to drilling, which involved shutting down oil production, canceling offshore lease sales, and hiking royalty fees for producers.
The article concludes:
“Today’s announcement marks another step in a new path forward for safe and responsible U.S. offshore development after years of roadblocks that hampered energy investment in the Gulf of America,” American Petroleum Institute’s senior vice president of policy, economics, and regulatory affairs Dustin Meyer said in a statement Wednesday.
“It underscores the vital role the Gulf of America plays in providing affordable, reliable energy, supporting hundreds of thousands of good-paying jobs, and reinforcing our national security,” added Erik Milito, president of the National Ocean Industries Association, an industry group that represents offshore energy developers.
Having a businessman for President is going to be a good thing for all Americans who are willing to participate in the workforce.