Links tagged “trump”

"If you look at 50 years of Russian history, every time oil prices are low, the Russians hunker down," McFarland told Fox News Digital. "Every time they're high, the Russians rebuild their military, they fight proxy wars, they invade countries." "A year and a half ago when oil was $40 a barrel, [Putin] didn't have the money to launch an invasion," McFarland said.
Under former President Trump, the price of crude oil fell to below $25 per barrel and averaged $52.99 per barrel. Under President Biden, the price has skyrocketed from $53.25 per barrel when he assumed office to a high of $123.70 per barrel and closed at $92 per barrel on February 24, the day that Putin invaded Russia. At the time this article was written, the price of oil was approximately $104.

Under Donald Trump’s presidency, the U.S. became “a net total energy exporter in 2019 for the first time since 1952,” a position maintained in 2020, says the U.S. Energy Information Administration. It was a historic moment. In 2020, the U.S. also “exported more petroleum than it imported – marking the first time that has happened,” says the Daily Energy Insider. But in 2022, the U.S. petroleum trade is expected “to shift toward net imports.”

Stephen Moore: Coal is by far the largest source of energy in China, and new plants are being built every week. This is, as the Telegraph put it, “Beijing’s dirtiest little secret.” Despite those solemn pledges for China to clean up its air, the Chinese emit three to four times more greenhouse gases into the atmosphere each year than the U.S. ... 

Coal is by far the largest source of energy in China, and new plants are being built every week. This is, as the Telegraph put it, “Beijing’s dirtiest little secret.” Despite those solemn pledges for China to clean up its air, the Chinese emit three to four times more greenhouse gases into the atmosphere each year than the U.S. ...

Thanks to the shale oil and gas revolution, the U.S. has access to more oil and gas (and coal) than any other nation. We have many hundreds of years of energy supply. Now that the rest of the world is thirsting for U.S. oil, gas, and coal, the Left wants to shut down all domestic production by 2035, even though our fossil fuels are the cleanest. So, instead of the world’s energy coming from the U.S., it will come from Russia, Saudi Arabia, and the OPEC nations.

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Biden at G7 summit: "You know, we had a President last who basically said, not a problem, global warming.  It is the existential problem facing humanity.  And ah, it’s been treated that way.  So we’re going to provide up to $2 billion dollars to support developing company, countries as they transition away from unabated coal-fired power.  Ah, in addition, we also agreed to tackle corruption, which is threat to societies everywhere."

Former President Donald Trump: “Biden just said that he was told by the Joint Chiefs of Staff that Climate Change is our greatest threat. If that is the case, and they actually said this, he ought to immediately fire the Joint Chiefs of Staff for being incompetent!” Trump said in a statement on Thursday. 

"When I met with my counterparts around the world, it was pretty clear Mike Pompeo showed up to make sure Americans were more prosperous and more secure and safer. When this administration has these conversations, if the other side will offer them a little bit of a carbon reduction, or, worse yet, a promise of some future carbon reduction—kind of like wimpiest burger tomorrow—these folks are willing to trade things that matter the security interests that matter to the American people. So my comments were, we all want clean air, we all want safe drinking water, but to hand over the American economy to bust the American worker to get the Green New Deal done on the back of the American worker does indeed put America behind the interests of other countries.” — Former Secretary of State Mike Pompeo

Steve Milloy: Joe Biden’s climate plan will put America at the mercy of its superpower rival, China. ... The technologies involved in wind and solar power and electric vehicles are much more reliant than their conventional alternatives on metals and minerals including copper, lithium, nickel, manganese, cobalt, graphite chromium, molybdenum, zinc, rare-earths and silicon.  ...

Wind and solar technologies require about three to eight times more of these materials per megawatt of electricity than coal and natural gas plants. Electric cars require about five times more of these materials than conventional cars. Joe Biden’s climate agenda involves replacing the coal and gas plants powering our electrical grid with wind and solar farms. He also wants to replace gasoline-powered cars, buses and trucks with electric vehicles.

The IEA reports that China is one of the top three locations for the mining of copper, nickel, rare-earths and lithium. When it comes to mining rare-earths, China is responsible for 60% of global extraction. But there’s more to these essential materials than mining; they must be processed as well. When it comes to processing the ores, China is the leader for all of them plus cobalt, the latter of which is mostly mined in the Congo. China processes about 35% of the global nickel supply, 40% of copper, 55% of lithium, 65% of cobalt and 85% of rare-earths.