President Donald Trump enters office as U.S. oil and gas production breaks records and gasoline prices hit three-year lows.
But that didn’t stop the new president from declaring a “national energy emergency” Monday evening in a bid to boost fossil fuels.
“We will drill, baby, drill,” Trump said in his inauguration speech, adding, “We will be a rich nation again, and it is that liquid gold under our feet that will help to do it.”
The order is part of the Trump administration’s sweeping plans to “unleash American energy, which includes executive orders to boost energy production in Alaska, freeze funds from the climate and infrastructure laws and get rid of all regulations that “impose undue burdens” on energy production and use.