Trump’s ‘Energy Dominance’ Agenda Sounds Like a Petrostate Plan to Some. The US is already pumping out more crude oil than any nation in history. As Trump puts together a team that will ramp up fossil fuel production critics are asking: Is the US on its way to becoming a petrostate?

Trump’s ‘Energy Dominance’ Agenda Sounds Like a Petrostate Plan to Some



by mafco

17 comments

  1. We’re already a petrostate. The GOP controls all three branches of government and is basically controlled by the oil and gas industry.

  2. Why would oil companies spend money to drill and refine more gasoline? Spend money to increase supply and reduce their revenues? Doubtful.

  3. They will pump more until it starts hurting their bottom line, then they will do as they wish regardless of what Trump says. Oil companies want high prices not severely depressed prices that result from overproduction.

  4. Sadly for Trump, oil production isn’t likely to grow much in the next few years, and may start declining before he leaves office.

    The “gummit bad” rhetoric hides the fact that drilling in national parks, allowing more pollution etc. won’t actually result in much more production. Meanwhile conventional oil is in decline and the Permian Basin is responsible for more than 100% of recent output growth.

  5. >Climate scientist Michael Mann offered the same view in an essay soon after the election. “The United States is now poised to become an authoritarian state ruled by plutocrats and fossil fuel interests,” he wrote in the Bulletin of the Atomic Scientists. “It is now, in short, a petrostate.”

    I would say he’s not far off the mark, if at all. With Project 2025, his new best buddy Elon and the oil executives filling his cabinet Trump’s America really could be an authoritarian state be run by plutocrats and fossil fuel interests. Just like Russia. Is that where he gets his inspiration?

  6. A quick search on the internet says a new oil well in Permian Basin requires oil to be above $62 a barrel to break even. If interest rates go up, which will happen due to Trump inflation tarrifs, then the break even price goes up. Oil drilling isn’t cheap. If Trump’s tarrifs cause a recession then oil prices will go down due to demand dropping. Trump’s plan works if he controls demand, interest rates and the price of oil.

  7. Big oil will not drill if the prices isn’t right, we already produce more oil than Americans even use. Big oil got trump elected for tax cuts but it looks like they might be getting tariffs instead

  8. Everyone on the planet can see the transition away from oil to solar — even remote villages in developing countries. Like his nationalism in foreign affairs, it’s all great concepts for 100 years ago

  9. I am a huge supporter of the Energy Dominance Prostate plan

  10. Blue states are still going to support things like solar and electric power. However it will go slower than if it was supported by the feds. And red states will get left in the dust.

    Lots of potential for future manufacturing jobs that they’re killing, too.

  11. Just wait till oil is cheap and Trump is back begging the Saudi’s to cut production again.

  13. 80% of total energy consumption came from fossil fuels during the Bidens clean energy era. So is anything really changing either way?

  14. No. This takes decades to happen. And you’ve hit as good as it gets for gas prices.

    And OPEC will keep fiddling with the levers until it becomes too expensive to move the needle and these idiotic plans will collapse.

    But don’t tell the clowns, they’re going to have to learn the hard way

  15. Let’s pump out all of our nation’s fossil fuels. Let a few people profit massively from the sale to other countries. Destroy our natural resources. Continue to ignore climate change. That will definitely make America great again.

    Shame on the Biden administration for trying to strategically position America to be an important player in the renewable energy revolution. Creating jobs and boosting America’s domestic manufacturing. And reducing our reliance on Chinese made goods. Shame.

  16. Trump is such a moron that he thinks ‘oil sell money more pump oil more money’ is the only course of action. Even a two-dimensional concept like ‘supply and demand’ is beyond him.

  17. TBH – Saudi Arabia is not doing too bad? 49 Saudi vs 48 USA ranking (higher is better) For Standard of living

    The standard of living in Saudi Arabia is one of the highest in the Middle East, with a GDP per capita (PPP) of USD 68,453  (IMF, 2023). 

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