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Daily Caller

Shale Gas And Nuclear Set To Power The US Into The Future

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From the Daily Caller News Foundation

By David Blackmon

Shale natural gas played the lion’s share of the role in lowering U.S. emissions to levels not seen since the early 1990s by enabling power generation companies to displace coal-fired power plants with combined cycle gas plants. This led to a situation during the first Donald Trump presidency in which the U.S. was the only western country which had met its commitments under the Paris Climate Accords, even though President Trump had ended America’s participation in that compact.

While countries like Canada, the UK, Australia, and those in the European Union continue their obsession with intermittent power sources like wind and solar, the United States has been blessed with one powerful alternative for cutting emissions and is set to go full speed in pursuit of another in the coming days.

That first alternative is natural gas produced from the major U.S. shale plays. As the Statistical Review of World Energy reported last year, no energy source in world history has ever been scaled up as rapidly as the domestic US industry has achieved with shale gas.

Shale has grown faster than wind, faster than solar, and faster than even Indonesian coal. Faster than anything before it in recorded history. This rapid scaling, combined with the immensity of the recoverable resource itself has facilitated massive reductions in carbon emissions not just at home, but also abroad.

At home, shale natural gas played the lion’s share of the role in lowering U.S. emissions to levels not seen since the early 1990s by enabling power generation companies to displace coal-fired power plants with combined cycle gas plants. This led to a situation during the first Donald Trump presidency in which the U.S. was the only western country which had met its commitments under the Paris Climate Accords, even though President Trump had ended America’s participation in that compact.

Internationally, the rapid expansion of the U.S. liquefied natural gas export industry is now helping enable importing countries across the globe to meet their own commitments. The immensity of the American resource ensures such results can continue to be achieved for decades to come.

The second power source related to which America is poised for explosive growth is a long-existing one that has been woefully underutilized for decades now: Nuclear. The Deseret News reports that the White House is preparing a set of four executive orders for the President’s signature in the coming days designed to jump start American dominance in this crucial energy sector.

“We are trying to knock things over that we can that are regulatory,” Energy Secretary Chris Wright told the House Appropriations Committee in a May 7 hearing and reported by Energy Intelligence. “There will be catalyzing regulatory events to bring” in “tens of billions of dollars” in private capital, “mostly from hyperscalers.”

Respected energy analyst and writer Robert Bryce was able to obtain a draft of one of the orders this week. Writing in his Substack newsletter, Bryce says the draft order “begins by pointing out that the US is losing the race to deploy new reactors and that China has announced plans to: ‘Bring 200 new gigawatts of nuclear power online by 2035, at which point its total nuclear output will more than double that of the United States. Further, as American development of new reactor designs has waned, 87% of nuclear reactors installed worldwide since 2017 are based on Russian and Chinese designs. These trends cannot continue. Swift and decisive action is required to jump-start America’s nuclear renaissance and ensure our national and economic security by increasing fuel availability, enabling research and development, and preparing our workforce.”

Obviously, jump-starting a fairly moribund industry is a stretch goal for the Trump administration, especially considering that the Nuclear Regulatory Commission has permitted just 5 new nuclear plants since 1978, only two of which were ultimately built and placed into service. But the reality facing the U.S. and the rest of the international community is that, if getting to net zero by any year in the future is truly an imperative, there is little other choice but to focus on a rapid, massive nuclear expansion. Intermittent, weather-dependent generation simply cannot get that job done.

Fortunately, it’s a reality that Trump and key advisors like Sec. Wright fully grasp. In a keynote speech delivered in Poland last month, Wright said, “The two biggest ‘climate solutions’ in the coming decades are the same as they were in the last two decades, natural gas and nuclear, for the simple reason that they work.”

He isn’t wrong, and the Trump administration is focused on ensuring the U.S. maximizes the benefits from both of these key energy engines both at home and abroad.

David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.

Daily Caller

Trump’s One Big Beautiful Bill Resets The Energy Policy Playing Field

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From the Daily Caller News Foundation

By David Blackmon

Make no mistake about it, the One Big Beautiful Bill Act (OBBBA) signed into law on Friday by President Donald Trump falls neatly in line with the Trump energy and climate agenda. Despite complaints by critics of the deal that Majority Leader John Thune struck with Alaska Sen. Lisa Murkowski to soften the bill’s effort to end wind and solar subsidies from the Orwellian 2022 Inflation Reduction Act, the OBBBA continues – indeed, accelerates – the Trumpian energy revolution.

Leaders in the oil and gas industry, hamstrung at every opportunity by the Biden presidency, hailed the bill as a chance to move back into some semblance of boom times. Tim Stewart, President of the U.S. Oil and Gas Association, told his members in a memo that, “For the oil and gas industry, the bill…signals a transformative opportunity to enhance domestic production.”

API CEO Mike Sommers also praised the OBBBA as a positive step for his members: “This historic legislation will help usher in a new era of energy dominance by unlocking opportunities for investment, opening lease sales and expanding access to oil and natural gas development.

While leaders of organizations like those must curb their enthusiasm to some extent in their public statements, they and their peers must be somewhat amazed at how much real substantive change the thin GOP majorities shepherded by Thune and House Speaker Mike Johnson managed to stuff into this bill. This industry, historically an easily demonized bogeyman for Democrats and too often ignored by previous Republican presidents, does not experience days as encouraging as July 3 was in the nation’s capital.

Even so, many Republicans, especially in the House, remained unsatisfied by amendments the Senate made to the bill related to IRA subsidy rollbacks. To help Speaker Johnson hold the party’s narrow House majority together, President Trump committed the executive branch to strict enforcement of the new limitations, and promised the White House will work with congressional allies to move a major deregulation package ahead of the 2026 midterm elections.

But the OBBBA as passed is chock full of energy and environment-related provisions. FTI Consulting, a business consultancy with a major presence in Washington, DC, published a quick analysis Thursday that projects natural gas and nuclear as the biggest winners as the OBBBA’s impacts begin to take hold across the United States. Interestingly, the analysis also projects battery storage to expand more rapidly over the next five years even as wind and solar suffer from the phasing-out of their IRA subsidies.

The side deal struck by Thune and Murkowski is likely to result in significant new investment into wind and solar facilities as developers strive to get as many projects on the books as possible to meet the “commenced construction” requirement by the July 4, 2026 deadline. The bill’s previous language would have required projects to be placed into service by that time. But even that softer requirement will almost certainly cause a flow of capital investment out of wind and solar once that deadline passes, given the reality that many of their projects are not sustainable without constant flows of government subsidies.

What it all means is that the OBBBA, combined with all the administration’s prior moves to radically shift the direction of federal energy and climate policy away from intermittent energy and electric vehicles back to traditional forms of power generation and internal combustion cars, effectively reset the policy playing field back to 2019, prior to the COVID pandemic. That was a time when America had become as energy independent as it had been in well over half a century and was approaching the “Energy Dominance” position so dear to President Trump’s heart.

Trump’s signing of the OBBBA gives the oil and gas, nuclear, and even the coal industry a chance at a do over. It is an opportunity that comes with great pressure, both from government and the public, to perform. That means rapid expansion in gas power generation unseen in 20 years, rapid development of next generation nuclear, and even a probable chance to permit and build new coal capacity in the near future.

Second chances like this do not come around often. If these great industries fail to grab this brass ring and run with it, it may never come around again. Let’s go, folks.

David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.

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‘They Don’t Know What The F*ck They’re Doing’: Trump Unloads On Iran, Israel

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From the Daily Caller News Foundation

By Harold Hutchison

President Donald Trump expressed frustration Tuesday after Iran broke a ceasefire, prompting retaliation from Israel during a gaggle with reporters on the White House lawn.

Trump announced the ceasefire Monday, saying it was supposed to take effect at 1 a.m. Eastern Daylight Time, but Iran fired missiles at Israel Tuesday. Trump vented, saying the countries had been “fighting so long” they couldn’t make peace.

WATCH:

“You know, when I say okay, now you have 12 hours, you don’t go out in the first hour just drop everything you have on them,” Trump said. “So I’m not happy with them. I’m not happy with Iran either. But I’m really unhappy if Israel is going out this morning because the one rocket that didn’t land, that was shot, perhaps by mistake, that didn’t land, I’m not happy about that.”

“We basically have two countries that have been fighting so long and so hard, that they don’t know what the fuck they are doing,” Trump added.

The United States struck facilities in Fordow, Natanz and Isfahan related to Iran’s effort to develop nuclear weapons early Sunday morning local time, using as many as 14 GBU-57 Massive Ordnance Penetrators in the operation, which involved a 37-hour flight by seven B-2A Spirit bombers.

The American strikes came ten days after Israel launched a military operation targeting the Iranian nuclear program. Iran has responded with repeated missile attacks on Israeli cities and a refusal to resume negotiations over its efforts to pursue nuclear weapons.

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