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“Drill Baby Drill”: Trump’s Oil And Gas Plan To Defeat US Inflation

by Sarkiya Ranen
in Business
“Drill Baby Drill”: Trump’s Oil And Gas Plan To Defeat US Inflation
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Washington, DC:

The US Energy policy took center stage during President Donald Trump’s Congress address on Tuesday, with his emphatic “drill baby drill” approach. Referring to his oil and gas plans, the President said America has “more liquid gold under our feet than any nation” which could defeat inflation and dramatically lower costs.

He blamed his predecessor Joe Biden’s administration for rising food and fuel prices and said, “a major focus of our fight to defeat inflation is rapidly reducing the cost of energy.”

He stressed that under the Biden administration over 100 power plants had closed and said that America was opening up many of those power plants right now.

“That’s why on my first day in office, I declared a national energy emergency,’ he said.

Trump continued, “We have more liquid gold under our feet than any nation on earth…I fully authorize the most talented team ever assembled to go and get it…By unleashing American energy, we will defeat inflation and dramatically lower costs. … It’s called drill baby drill.”

This includes plans for a “gigantic natural gas pipeline in Alaska” and expanding critical mineral production.

Republicans joined Trump in the last line, yelling “drill baby drill” along with him.




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Tags: BabyDefeatDonald Trumpdonald trump congress speechDrillDrill Baby DrillGasInflationOilPlanpresident trump speechpresidential addresstrump addresstrump newstrump's speechTrumpsUS Infation
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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