OXON HILL, Maryland— Secretary of Energy Rick Perry declared at the Conservative Political Action Conference (CPAC) on Friday morning that, “Freedom is being exported with American energy.”
U.S. President Donald Trump emphasized the importance of energy independence for the Three Seas nations in order to “remain sovereign, secure, and free from foreign coercion” as he spoke to the leaders of the 12 nations situated between the Baltic, Black, and Adriatic Seas at a summit in Warsaw, Poland on Thursday.
China and the United States have agreed to many initial cooperative economic actions as part of a 100-day plan that Presidents Donald Trump and Xi Jinping settled on during their Florida Summit, U.S. Secretary of Commerce Wilbur Ross explained on Thursday.
Environmentalists like a good crisis.
“Businesses that sell to foreign markets put more people to work in high-quality jobs, offering more Americans the chance to earn a decent wage,” claimed the Obama administration’s Secretary of Commerce Penny Pritzker in a March 18 Wall Street Journal
One of the drivers for oil falling to $50 a barrel is the fact that the world is entering the Golden Age of Natural Gas. Although oil is the primary energy source for transportation, natural gas is the most efficient low-carbon energy source for electricity, industrial production, and home heating. With the U.S. price of natural gas about 30% of the cost in Asia, huge specialized ships will soon be transporting LNG from the U.S. to displace a large percentage of diesel oil used for electrical generation and transportation in Asia.
