You've heard a guest on my show indicate that energy prices are not spiking across the US (desipte a nationwide cold snap) because we've developed the nation's infrastructure to a point where we can export energy and have plenty on hand.
Could energy prices go lower? President Trump is making moves in that direction.
The New York Times says the President is moving to open nearly all offshore waters to drilling.
This would be yet another reversal of an Obama-era policy.
President Trump signed an executive order in April requiring the Interior Department to reconsider Mr. Obama’s five-year offshore drilling plan, which had invoked an obscure provision of a 1953 law, the Outer Continental Shelf Lands Act, to ban new lease sales in large areas of the Arctic and Atlantic.
As you might imagine, environmentalists are not happy - but they are not all LIBERAL environmentalists.
...Early Thursday, Gov. Rick Scott of Florida, a Republican, vowed to protect his state’s coast from drilling.
“I have asked to immediately meet with Secretary Zinke to discuss the concerns I have with this plan and the crucial need to remove Florida from consideration,” Governor Scott said in a statement. “My top priority is to ensure that Florida’s natural resources are protected.”
I expect that environmental groups will sue. This has been a constant tactic of the activist left - asserting that, somehow, a President can issues rules and restrictions but then can't repeal them.
Since this logic is demonstrably flawed, I assume that groups hope lawsuits will delay Trump-era policies until our next liberal President is elected.