WND RADIO

CAN TRUMP PUMP JUICE INTO U.S. ENERGY?

Vows to 'cancel job-killing restrictions,' create 'millions of high-paying jobs'

Greg Corombos

President-Elect Donald Trump is vowing to unleash American energy and begin scrapping burdensome regulations on his very first day in office, announcements welcomed by the energy industry, although it still has other goals it wants the new administration pursue.

In a short video, Trump outlined several directives he will issue on his first day in office on issues ranging from trade and immigration to national security and ethics reform. However, promoting domestic energy and rolling back regulations were right near the top of the list.

“I will cancel job-killing restrictions on the production of American energy, including shale energy and clean coal, creating many millions of high-paying jobs,” said Trump in the video.

“On regulation, I will formulate a rule which says that for every one new regulation, two old regulations must be eliminated,” Trump said.

The energy industry is hopeful that the next four years will offer it a more hospitable environment than what it received during the Obama administration.

“We’re certainly encouraged by the fact that the president-elect understands that one of the key drivers to a strong economy is energy security,” said American Petroleum Downstream Group Director Frank Macchiarola.

Macchiarola told WND and Radio America he believes Trump understands the need to champion domestic energy production and is fully confident the American people are on board.

“Survey after survey tells us that the American public is concerned about economic growth and believes that we need to be energy secure,” he said, but notes that Obama has left a pretty complicated knot for the new president to untangle on energy regulation.

“I think what happened over the course of the Obama administration is that there was a lot of consolidated power in the administration. I think with the division in Congress and the stalemate between both parties in the House and Senate, I think the administration took that opportunity to consolidate its power through a stronger regulatory agenda,” Macchiarola said.

Read more at http://www.wnd.com/2016/11/can-trump-pump-juice-into-u-s-energy/#QBViZcC8QCYDoLtS.99