President Donald Trump has signed an executive order to establish a National Energy Dominance Council, which will advise the President on ways to ensure the US exploits its energy resources fully.
“The Council will advise President Trump on strategies to achieve energy dominance by improving the processes for permitting, production, generation, distribution, regulation, and transportation across all forms of American energy,” the Executive Order states.
Chairing the council will be Secretary of the Interior Doug Burgum, while Energy Secretary Chris Wright will be vice chairman. They will be joined by a number of cabinet and agency members on the council.
The order will also aim to reduce energy costs for consumers and boost investment in the private sector,
“This is a big deal. We have more energy than any other country, and now we’re unleashing it, to put it nicely,” Trump said on Friday, before signing the Order.
Doug Burgum, who was present for the signing, said the Biden Administration’s “war against American energy” is “officially” over.
“The Biden administration had a whole of government approach – it would have the war against U.S. energy. Now we need to turn that around 180 degrees and unleash that potential. We’ve got to unleash it from the Gulf of America all the way up to Alaska.”
Burgum continued: “The Interior has 500 million acres of surface, 700 million acres of subsurface minerals, critical minerals, and, offshore–close to two billion acres. And that balance sheet is the biggest balance sheet in the world, and it’s been completely underutilized.”