Energy has been the focal point of America for years. It is the heartbeat of the economy, and it is involved in everything we do in daily life. On top of helping the country as a whole, it also affects wallets of American citizens. When American energy is on the rise, and unleashed, it creates a sustainable, prosperous economy. But from day one, the Biden Administration has sought to destroy our energy sector, which has crippled the economy to the point of near disrepair.
Oil and gas are involved in everything we do. Building, shipping, you name it. It is our lifeblood. But under Biden, American energy has faces staunch regulations in the name of the climate change insanity, and it has driven us from energy independent to being almost entirely dependent on people we generally call our enemies, like Saudi Arabia and Russia.
There is new hope on the horizon, though. Donald Trump is coming back to office, with a plan to 'drill baby drill,' and unleash American energy. But how exactly does that help us?
David Holt of the Consumer Energy Alliance says to reduce inflation and get the economy on track requires sensible policies, like Trump wants to enact.
"Reducing the red tape, and the regulatory onslaught we have seen in the last few years...and creating more opportunities for offshore drilling," he says. "All that have been hindered under the Biden Administration...and when you have high energy prices, you have high prices on everything."
That is indeed true. Petroleum is in just about everything we touch on a daily basis. It is our lifeline. Oil and gas power the supply chain. When the cost of doing that is high, it costs companies more, and therefore, you pay more. It is simple economics that the Democrats seem to not understand.
Really what it boils down to is we can finally expect pragmatism and common sense in our energy sector, which we have been desperately lacking the last four years.
"Energy drives the whole economy...if you have a sensible energy policy, you will improve our economic opportunities," he says. "Under this administration you have seen more regulations, more red tape, more inconsistent regulations."
That is the biggest thing, according to Holt. Consistency is key, and what the energy sector needs more than anything. Under Biden, the sands continuously shifted, with no clear direction being placed. That will all change under Trump, who is coming in with a clear plan for what he wants to accomplish.
But of course, it all comes down to profits as well. Companies and investors want to get their money back, and rightly so. Which means Trump has to walk a fine line of balancing common sense, profits, and consistency.
"They will have to come up with plans that provide that consistency, that understanding, and reduces the overall regulatory burden on industries," says Holt. "That is the best thing that can happen...it helps Americans, and it helps the industry."
Trump is back, and ready to deliver on his promises. If he does, it could be a level of prosperity we have not seen in quite some time.