Tony Thomas: The Trump Doctrine on Energy

Posted: July 5, 2017 by tallbloke in Big Green, Energy, government, media, solar system dynamics

trump-zap

If you go by the mainstream media’s lockstep ‘coverage’ of the US president’s first six months, he is no more nor less than a tweeting buffoon. A comforting narrative for cant-addicted newsroom hacks and groupthinkers, it handily avoids any and all mooting of Australia’s need to follow his lead.

Our federal and state politicians scuttle about looking for innovative new ways to strangle the Australian energy sector. But across the Pacific, America is unleashing a world-changing energy revolution. The world’s energy fundamentals are in transition. Donald Trump is liberating American coal, gas, oil and nuclear industries from eight years of Obama’s harassment and restrictions.

The consequences for us as a player in energyexport markets are dire. In an officially supportive environment, Australian energy could hold its share – intrinsically, it has  global competitiveness. But politics here involves ‘renewables’ targets and other sacrifices to please the climate gods,  bans  such as Victoria’s on normal and fracked gas exploration, official and green lawfare against every new energy project (think Adani), impromptu Turnbull restrictions on LNG exports, Sargasso seas of red tape, and  on-going fatwas against nuclear proposals.

Domestically, American industry will enjoy cheap energy inputs, while our own industry’s  energy becomes as expensive as anywhere in the world. This disparity will play out in Australian factory closures and capital flight to the US.

A banana republic couldn’t do a better job of destroying its own wealth.

The US is now estimated to have 20% more oil than the Saudis – at USD50 a barrel, a storehouse of USD $13 trillion. The US has been a net energy importer since 1953, but thanks to fracking is now likely to be a net exporter as early as 2020. American LNG could move into net export surplus as early as this year. By 2040, US natural gas exports alone could bring in USD $1.6 trillion, and generate USD $110b in wages. US gas reserves are also enough to meet domestic needs for a century. The American energy revolution – in Trump’s word, “dominance” –  seldom makes the mainstream media here, which is fixated on the schoolyard narrative of Trump as a tweeting buffoon.

Want to know what’s really important? Trump on June 29 addressed the Department of Energy’s “Unleashing Energy” conference in Washington.

His policy announcements were so shattering to the green/left ideology – he talked of “clean, beautiful coal” for example – that his message went almost unreported here. Trump said

The golden era of American energy is now underway.  When it comes to the future of America’s energy needs, we will find it, we will dream it, and we will build it.

American energy will power our ships, our planes and our cities.  American hands will bend the steel and pour the concrete that brings this energy into our homes and that exports this incredible, newfound energy all around the world. And American grit will ensure that what we dream, and what we build, will truly be second to none.

Today, I am proudly announcing six brand-new initiatives to propel this new era of American energy dominance.  

First, we will begin to revive and expand our nuclear energy sector   which produces clean, renewable and emissions-free energy.  A complete review of U.S. nuclear energy policy will help us find new ways to revitalize this crucial energy resource.  [US nuclear plants have been shuttering because of cheap gas and low power demand].

Second, the Department of the Treasury will address barriers to the financing of highly efficient, overseas coal energy plants.  Ukraine already tells us they need millions and millions of metric tons right now.  There are many other places that need it, too.  And we want to sell it to them, and to everyone else all over the globe who need it. [Geo-strategically, US coal and LNG could weaken Russian energy hegemony in Europe. Cheniere Energy  has just delivered the first U.S. cargoes of LNG to Poland and the Netherlands].

Third, my administration has just approved the construction of a new petroleum pipeline to Mexico, which will further boost American energy exports. [This New Burgos Pipeline will deliver up to 180,000 barrels a day. The US is Mexico’s main petroleum supplier.]

Fourth, just today, a major U.S. company, Sempra Energy, signed an agreement to begin negotiations for the sale of more American natural gas to South Korea.

Fifth, the United States Department of Energy is announcing today that it will approve two long-term applications to export additional natural gas from the Lake Charles LNG terminal in Louisiana.  It’s going to be a big deal.  [Currently the US exports LNG only through Sabine Pass, Louisiana, but four other terminals should come on line between 2018 and 2020, competing with Australia, Qatar and Russia].

Finally, to unlock more energy from the 94 percent of offshore land closed to development, we’re opening it up, the right areas. Under the previous administration, so much of our land was closed to development.   – we’re creating a new offshore oil and gas leasing program.  America will be allowed to access the vast energy wealth located right off our shores.  And this is all just the beginning — believe me.

Is Trump merely rhapsodising? No way. His energy track record in his first half-year — again, carefully ignored by Australia’s mainstream media — speaks for itself.

  • The Environmental Protection Agency was ordered to dump Obama’s “Clean Power Plan” designed to bump up household electricity rates by 14%
  • The long-frustrated Keystone pipeline from Alberta to Illinois/Texas got fast-tracked approval
  • Obama’s ban on new coal leasing on federal land was revoked  – these lands involve 40% of US coal production.
  • The US has dumped its Paris Climate commitments, which Trump says will save taxpayers USD3 trillion, and protect 6.5m US industrial jobs. “Maybe we’ll be back into it someday, but it will be on better terms,” he said last week
  • Hundreds of thousands of hours of red-tape energy regulations – including on fracking –  were abolished.

Trump spelt out his energy philosophy. “With [our] incredible resources, my administration will seek not only American energy independence that we’ve been looking for so long, but American energy dominance.

“And we’re going to be an exporter — exporter!” he promised. “We will export American energy all over the world, all around the globe.  These energy exports will create countless jobs for our people, and provide true energy security to our friends, partners, and allies all across the globe.”

Unlocking energy would generate millions of jobs and trillions in wealth, he said.  For over 40 years, America was vulnerable to foreign regimes using energy as an economic weapon. Americans’ quality of life was diminished by the idea that energy resources were scarce.

 Many of us remember the long gas lines and the constant claims that the world was running out of oil and natural gas.    

Americans were told that our nation could only solve this energy crisis by imposing draconian restrictions on energy production.  But we now know that was all a big, beautiful myth.  It was fake.   The truth is that we have near-limitless supplies of energy in our country.  Powered by new innovation and technology, we are now on the cusp of a true energy revolution.

We have nearly 100 years’ worth of natural gas and more than 250 years’ worth of clean, beautiful coal.  We are a top producer of petroleum and the number-one producer of natural gas.  We don’t want to let other countries take away our sovereignty and tell us what to do and how to do it.  That’s not going to happen.  

But this full potential can only be realized when government promotes energy development instead of obstructing it like the Democrats.   We have to get out and do our job better and faster than anybody in the world.  This vast energy wealth does not belong to the government.  It belongs to the people of the United States of America.   Yet, for the past eight years, the federal government imposed massive job-killing barriers to American energy development.

Job-killing [Obama] regulations are being removed. I’m dramatically reducing restrictions on the development of natural gas.  I cancelled the moratorium on a new coal leasing on federal lands.  

We have finally ended the war on coal.  And I am proud to report that Corsa Coal  just opened a brand-new coal mine in the state of Pennsylvania, the first one in many, many, many years

We’re ending intrusive EPA regulations that kill jobs, hurt family farmers and ranchers, and raise the price of energy so quickly and so substantially.

From all this are two take-home messages: in the US, you ain’t seen nothing yet. And for Australia, we can either change tack on energy madness or fall under the wheels of the US juggernaut.

Tony Thomas’s book of essays, “That’s Debatable – 60 Years in Print” is available here.

Comments
  1. oldbrew says:

    Be like America (see above) or be like France (see below).

    France to ban oil and gas exploration
    http://www.france24.com/en/20170623-france-ban-oil-gas-exploration

    Prosperity or ???

  2. thefordprefect says:

    oldbrew says:

    Prosperity or ???

    ——————-
    …. A safe environment

  3. John Silver says:

    The debate is over:

    ”Mann’s now proven contempt of court means Ball is entitled to have the court serve upon Mann the fullest punishment.”

  4. oldbrew says:

    Prosperity or ??? ——————- …. A safe environment
    – – –
    Doesn’t need to be an either/or. NB France still sells military jets and hardware AFAIK, has at least one major oil company and makes millions of petrol and diesel cars.

  5. dscott says:

    In related news:

    ‘Scientist’ Michael Mann Commits Contempt of Court in ‘Climate Science Trial of the Century’

    http://www.thegatewaypundit.com/2017/07/scientist-michael-mann-commits-contempt-court-climate-science-trial-century/

    …Now, Dr. Michael “Hockey Stick” Mann committed contempt of court in what is being dubbed the “climate science trial of the century”. Dr. Mann defied the judge presiding over the case and refused to surrender his data for “open court examination”…

    …“Only possible outcome: Mann’s humiliation, defeat and likely criminal investigation in the U.S.”

    79-year-old Canadian climatologist Dr. Tim Ball is the defendant in the libel trial and is expected to tell his attorneys to “trigger mandatory punitive court sanctions, including a ruling that Mann did act with criminal intent when using public funds to commit climate data fraud”.

    The defeat of Dr. Mann will only vindicate President Donald Trump in his claims that climate change is a hoax. The graph below from Principia Scientific shows “Mann’s cherry-picked version of science [that] makes the Medieval Warm Period (MWP) disappear and shows a pronounced upward ’tick’ in the late 20th century” – this is the blade of Mann’s now infamous “hockey stick”.

    Below Mann’s graph is Ball’s, which uses much more reliable and easily attainable public data, which accurately shows a significantly warmer MWP with temperatures that are drastically hotter than the modern day’s…

    see image on link, Mann’s hockey stick graph reputiated by Ball’s graph using publicly available data. I can’t seem to copy it here.

    Original version of article with other details:

    Breaking: Fatal Courtroom Act Ruins Michael ‘Hockey Stick’ Mann
    http://principia-scientific.org/breaking-fatal-courtroom-act-ruins-michael-hockey-stick-mann/

    So ends AGW, in what probably will be a quite distancing of public and scientific officials who depend up tax payer funding in order to come up with some newly manufactured looming disaster to parasitically live off of tax payer money.

    Tallbloke, you should post that graphic comparing Ball vs Mann’s reconstruction at the top of your webpage or keep the article at the top for the next couple of months just to poke the AGW people in the eye. You know us Americans, we like being crass… One could tweek Merkel’s nose with the graphic. We should enjoy this schadenfreud…at her expense.

  6. dscott says:

    Tim Ball’s temperature reconstruction, completely different than Mann’s hockey stick

  7. tom0mason says:

    What Trump is offering America is a better energy mix giving a better industrial advantage, and a greener future (tear down those bird killing wind mills).
    When will the UK’s government(s) notice that, in energy, it all changed?

  8. TA says:

    Love the cartoon!

    The U.S. news media ignores Trump’s accomplishments, too. Standard procedure for the MSM when a Republican is in Office.

    This new energy policy of his got practically no airtime in the U.S. because the MSM was obsessed with Trump’s CNN Smackdown video.

    Trump has driven the MSM completely crazy. They can’t handle that they have the character-attack juice turned all the way up and Trump is still standing.

    Trump has sure provided me with a lot of laughs during the last year. It’s really entertaining to watch the Liberal’s heads explode on tv every day. Obviously, they don’t know how ridiculous they look, otherwise they wouldn’t do it. Right?

  9. gregole says:

    Stunningly good news. ROW needs to get with the program. The more the merrier.

  10. E.M.Smith says:

    Saw some bleeting on one of the media outlets, pMSNBC?. They had polled to find out how the folks felt about Trump tweeting. They noticed that Democrats (and presumably their audience) thought it horrible, nearly deranged… something like 65%… but that 95% of Trump voter were fine with it…

    It was amusing to watch them struggle with the fact that all their “talking dirt” and propaganda had done nothing…

    MSNBC audience: 300,000
    Trump tweet crowd: 30,000,000

    That’s the bit they are finally starting to realize. The thing I’ve said all along (as have others). They have no influence any more as they drove their audience down to only the hard core of their Fellow Travelers. To the extent the rest of us check in for a show, it is “opposition research” and we are propaganda proof.

    The lightbulb moment for the last cohort to make the leap away from trust in the “news” (that is now not news but oppinion shows) was media caught giving Hillary the debate questions. That outed them as not just partisan, but dirty, willing to lie for effect, and complicit.

    FWIW, I voted for Bernie in the primary. ABC voter… Anyone But Clinton… then the DNC was caught rigging things to burn Bernie…

    So that’s why Trump can just keep on tweeking their noses with tweets. We’ve decoupled from “news” and the “media” no longer influence our opinions. There’s roughly 45% of the nation that is 100% committed to ignoring them and their Ridicule Parade (Trump Voters ), another chunk who just never watches any news anyway ( my spouse, for example), and about 20% pissed off Bernie supporters. At most they can keep some of their “base” in line…

    But having lost 4 elections in a row, including one where the Dems poured in money like water, it is stating to dawn on them that most of the people now think them liers, cheats, money grubbing sellouts, and scam artists… so when Trump tweets that, we’re fine with it…. and when they try to sell us recycled urine as Hillary Holy Water, we just aren’t there to hear it anymore (or laugh at it during opposition research runs…)

    So yeah “Is that all you got?” works for me… and for most of the nation.

  11. tallbloke says:

  12. katesisco says:

    The Big Picture: US failed to ‘sneak’ the missiles into Aleppo because they never got control of Aleppo. 2nd choice was to provoke NK by sneaking the missiles into SK.
    We must be absolutely terrified of the stock market collapse. The constant buying and selling of corporate ownerships has worn thin. Do you hear those loudspeakers? Blaring of success at the front while the Berliners watch the American troops march through the streets outside.

  13. tom0mason says:

    O.T.

    You may (or may not) be interested in this story on solar minimum.
    The atmosphere may collapse says researcher.
    http://nypost.com/2017/07/06/the-sun-is-getting-quiet-and-that-could-be-bad-news-for-earth/

    and the linked paper at — https://academic.oup.com/mnras/article-abstract/doi/10.1093/mnras/stx1318/3858027/The-Sun-in-transition-Persistence-of-near-surface?redirectedFrom=fulltext

    We examine the frequency shifts in low-degree helioseismic modes from the Birmingham Solar-Oscillations Network covering the period from 1985 to 2016, and compare them with a number of global activity proxies well as a latitudinally resolved magnetic index. As well as looking at frequency shifts in different frequency bands, we look at a parametrization of the shift as a cubic function of frequency. While the shifts in the medium- and high-frequency bands are very well correlated with all of the activity indices (with the best correlation being with the 10.7-cm radio flux), we confirm earlier findings that there appears to have been a change in the frequency response to activity during solar Cycle 23, and the low-frequency shifts are less correlated with activity in the last two cycles than they were in Cycle 22. At the same time, the more recent cycles show a slight increase in their sensitivity to activity levels at medium and higher frequencies, perhaps because a greater proportion of activity is composed of weaker or more ephemeral regions. This lends weight to the speculation that a fundamental change in the nature of the solar dynamo may be in progress.

  14. Trump expands his base while the Main Stream Media diminishes theirs. I will never buy another newspaper.

    I am about to cut off my cable TV contract that pays for ABC, NBC, MSNBC and CNN. My new broadband service provides 300 Mbps upload/download for $29.99 per month. I pay $10 per month for Netflix and use an antenna to watch local news. CNN is doomed. Maybe some of the other TV “Media” as well.

  15. Glenn E Stehle says:

    South Australia power prices to rise to highest in the world on Saturday, energy expert warns
    http://www.abc.net.au/news/2017-06-28/sa-has-most-expensive-power-prices-in-the-world/8658434

    “South Australia will overtake Denmark as having the world’s most expensive electricity when the country’s major energy retailers jack up their prices this Saturday [July 1, 2017]….

    Bruce Mountain, the head of a private energy consultancy firm, said the increases would see South Australia take the lead on world power prices….”

  16. Glenn E Stehle says:

    But not to worry.

    Saint Musk is coming to our Aussie friends’ rescue. He will slay those evil fossil fuel devils.

    South Australia has announced Elon Musk’s Tesla as the principal builder of the world’s largest lithium ion battery to expand the state’s renewable energy supply.

    The company’s battery boss says SA’s power woes can be solved in 100 days….

    The mega-project will be built in conjunction with French renewable energy firm Neoen and paired with Neoen’s existing wind farm at Hornsdale north of Adelaide.

    From the COMMENTS section:

    • “Good,” said Arrow2. “A nice little unintended consequence for those who are gaming our electricity market by exploiting our reliance on coal and gas.”

    • “The economics means nobody on the planet will build a new coal power plant ever again,” says Ronin8317.

    • “THAT will stop the gaming,” says Tassie Tom.

    • And The Traveling Wilbur proclaims: “Victory is nigh!

    https://www.macrobusiness.com.au/2017/07/telsa-wins-sa-battery-tender/

  17. E.M.Smith says:

    @G.C.:

    For news, Pluto TV has a nice selection, is free for basics, and runs on your computer, tablet, Roku, or “smart TV” (depending on the individual tv brand and “apps” they have)

    http://pluto.tv/watch

    From conservative Newsmax to more liberal left MSNBC with international new from Sky News. RT, and more.

    I’m on scredule for the cord cut in April. Our use of the “cable” (really a satellite dish) has drifted down to near zero just from the Roku, Pluto, and Netflix. One show at a time just didn’t pull us back to the paid service. It does take a bit of adjustment to different shows, people, and habits, but it happens. Last week I went back to the DirecTV for a couple of hours, and seemed so limited now… we mostly just record CBS shows from it. Likely going to add the CBS Direct for a few buck to the Roku, and that’s the last tie…

    It is also pleasant to realize I can get my news shows on the tablet with wifi when out and traveling.

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