During "Energy Week" Trump to announce plans for US to dominate global energy market

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Donald Trump will tout surging U.S. exports of oil and natural gas during a week of events aimed at highlighting the country’s growing energy dominance.

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The president also plans to emphasize that after decades of relying on foreign energy supplies, the U.S. is on the brink of becoming a net exporter of oil, gas, coal and other energy resources.

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Donald Trump will tout surging U.S. exports of oil and natural gas during a week of events aimed at highlighting the country’s growing energy dominance.

The president also plans to emphasize that after decades of relying on foreign energy supplies, the U.S. is on the brink of becoming a net exporter of oil, gas, coal and other energy resources.

As with previous White House policy-themed weeks, such as a recent one focusing on infrastructure, the framing is designed to draw attention to Trump’s domestic priorities and away from more politically treacherous matters such as multiple investigations into Russian interference in the 2016 election.

With “Energy Week,” Trump is returning to familiar territory -- and to the coal, oil, and gas industries on which he’s already lavished attention. Trump’s first major policy speech on the campaign trail, delivered in the oil drilling hotbed of North Dakota in 2016, focused on his plans for unleashing domestic energy production. The issue has also been a major focus during Trump’s first five months in office, as he set in motion the reversal of an array of Obama-era policies that discourage both the production and consumption of fossil fuels.

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Trump is set to deliver a speech at the Energy Department on Thursday focused almost entirely on energy exports -- describing how the foreign sale of U.S. natural gas, oil and coal helps strengthen the country’s influence globally, bolster international alliances, and help stabilize global markets. Energy Secretary Rick Perry may touch on similar themes when he speaks Tuesday with analysts and executives at the U.S. Energy Information Administration conference in Washington.

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The administration could go further to expand opportunities for using U.S. energy abroad by seeking to undo an Obama-era ban on the Export-Import Bank financing coal plants overseas. That could have special political resonance with coal miners who helped propel Trump to victory with wins in Pennsylvania, West Virginia and other states that have seen jobs tied to the fossil fuel decline.

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The president has ordered agencies to remove regulatory barriers to producing domestic energy resources, kicking off a broad government-wide review. Even as that analysis continues, the Interior Department has begun repeals or revisions of Obama-era mandates governing hydraulic fracturing and discouraging methane leaks from oil wells. A White House office is also vetting a proposal to repeal the Clean Power Plan, the Obama administration rule forcing states to slash greenhouse gas emissions from electricity production. And the Trump administration is considering more auctions of oil and gas leases in the Arctic and Atlantic oceans.

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