<!-- mobian-agent-page publisher="time" canonical="https://time.com/5093950/donald-trump-oil-drilling-energy/" -->

---
title: Donald Trump's Energy Policy May Not Bring More Oil and Gas
description: The Administration has taken steps to open millions of acres to oil drilling but analysts say it's unclear how much will be developed.
canonical: https://time.com/5093950/donald-trump-oil-drilling-energy/
author: Justin Worland
article:opinion: false
article:content_tier: free
article:published_time: 2018-01-12T19:23:42.000Z
article:modified_time: 2023-12-12T23:04:19.000Z
article:section: Politics
og:title: The Trump Administration Keeps Trying to Sell Federal Land for Oil Drilling. But Nobody Wants It
og:description: For now, fracking is cheaper
og:url: https://time.com/5093950/donald-trump-oil-drilling-energy/
og:site_name: TIME
og:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt0ee8810ed3d12df8/6988f7ee7cdbac3b22d5b90c/oil-rigs-coastal.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9
og:image:width: 2872
og:image:height: 1616
og:image:alt: offshore oil drilling
og:type: article
twitter:card: summary_large_image
twitter:title: The Trump Administration Keeps Trying to Sell Federal Land for Oil Drilling. But Nobody Wants It
twitter:description: For now, fracking is cheaper
twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt0ee8810ed3d12df8/6988f7ee7cdbac3b22d5b90c/oil-rigs-coastal.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9
video:duration: 02:11
video:published: 2017-09-26
section: politics
topics: climate change, Trump administration, EPA findings, greenhouse gases, 2007 Supreme Court ruling, environmental lawsuits, regulatory rollbacks, public opinion polls, global warming, Scott Pruitt
genre: explainer, news analysis
tones: analytical, critical, informative, skeptical
emotions: skepticism (medium), frustration (low), curiosity (medium)
sentiment: negative
audience: news viewers, political followers, environmental policy readers, general public
people: Donald Trump, Barack Obama, Scott Pruitt
organizations: Environmental Protection Agency, Supreme Court, Trump administration, Obama administration
content_suitability: politics [00:00-02:07]
transcript_source: publisher captions
transcript_reviewed: not applicable
---

![](https://static.time.com/v3/assets/bltea6093859af6183b/blt0ee8810ed3d12df8/6988f7ee7cdbac3b22d5b90c/oil-rigs-coastal.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9)


# The Trump Administration Keeps Trying to Sell Federal Land for Oil Drilling. But Nobody Wants It

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<!-- video src="https://cdn.jwplayer.com/manifests/mia6Tcb8.m3u8" -->
## Video: The Legal Reasons Why President Trump Won't Take A Stand On Climate Change

[Watch (HLS stream): The Legal Reasons Why President Trump Won't Take A Stand On Climate Change](https://cdn.jwplayer.com/manifests/mia6Tcb8.m3u8) (2:11)

![The Legal Reasons Why President Trump Won't Take A Stand On Climate Change](https://cdn.jwplayer.com/v2/media/mia6Tcb8/poster.jpg?width=720)

_Published 2017-09-26. The Legal Reasons Why President Trump Won't Take A Stand On Climate Change_
Description, summary, key points, chapters, key quotes, questions and transcript, where present, were produced automatically from the video or its captions and were not reviewed.

## Summary
The video contrasts Donald Trump's campaign-era description of climate change as a hoax with his refusal as president to state his view, and notes his administration declines to say what he believes. It describes how other administration members acknowledge the climate is changing and that humans may play a role. It offers three reasons for his reticence: political, personal and legal. The legal reason centers on EPA findings and a 2007 Supreme Court ruling. The video also says the administration has been rolling back climate regulations.

## Key points
- As a candidate, Trump called climate change a hoax and a money-making industry, but as president he will not say what he thinks. (00:00)
- Other Trump administration members generally agree the climate is changing and that humans may play a role, though they debate how much. (00:35)
- Polls show the majority of Americans believe global warming is real and caused by human activities, which is cited as a political reason for Trump's reticence. (00:51)
- Trump does not like to admit past mistakes, as shown by his brief, begrudging admission that his Obama birth certificate crusade was mistaken. (00:58)
- The EPA found greenhouse gases are a form of pollution endangering human health and wellbeing, and a 2007 Supreme Court ruling means the EPA must act on those findings. (01:19)
- If the administration said climate change isn't real, it would be open to lawsuits from environmentalists for not acting on the EPA's own findings. (01:31)
- EPA Administrator Scott Pruitt is careful to say global warming is occurring and that human activity contributes to it in some manner. (01:39)
- Members of the Trump administration have been steadily rolling back regulations designed to fight climate change, without being able to say they are doing so. (01:54)

## Chapters
- [00:00 to 00:35] Trump's silence as president on climate. Contrasts Trump's campaign claim that climate change is a hoax with his refusal as president to say what he believes.
- [00:35 to 01:19] Administration views, politics and personal pride. Other officials acknowledge a changing climate, while polling and Trump's reluctance to admit mistakes explain his caginess.
- [01:19 to 02:11] Legal reasons and regulatory rollbacks. Explains the EPA findings and 2007 Supreme Court ruling that constrain what the administration can say, and notes ongoing rollbacks.

## Key quotes
- [00:03] Donald Trump: "So Obama's talking about all of this with the global warming, and a lot of it's a hoax, it's a hoax, I mean it's a money making industry okay"
- [00:41] Trump administration member: "Climate is changing, it always has. Man at this particular point in time is having an effect on it, how much effect is what's at debate here."
- [01:14] Barack Obama: "President Barack Obama was born in the United States, period."
- [01:48] Scott Pruitt: "That in fact global warming is occurring. That human activity contributes to it in some manner."
- [02:03] narrator: "They just can't say they're doing that."

## Questions this video answers
- Why won't President Trump say what he believes about climate change? [00:51]
- What do other Trump administration members say about climate change? [00:35]
- What legal obligation does the EPA have regarding greenhouse gases? [01:19]
- What could happen if the administration said climate change isn't real? [01:31]
- What is EPA Administrator Scott Pruitt's stated position on global warming? [01:39]
- Is the Trump administration still acting on climate regulations? [01:54]

## Content suitability
- politics [00:00-02:07]: Discusses the Trump administration's stance on climate change, EPA findings and regulatory rollbacks.


![Justin Worland](https://static.time.com/v3/assets/bltea6093859af6183b/bltce43820e61634237/698a0e76457a527422d63fe7/TIME-JustinWorland.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1:1)

by 

[Justin Worland](https://time.com/author/justin-worland/)


![Justin Worland](https://static.time.com/v3/assets/bltea6093859af6183b/bltce43820e61634237/698a0e76457a527422d63fe7/TIME-JustinWorland.jpg?branch=production&width=96&quality=75&auto=webp)

## Justin Worland


Senior Correspondent

Updated: Dec 12, 2023 11:04 PM UTCPublished: Jan 12, 2018 7:23 PM UTC

The Legal Reasons Why President Trump Won't Take A Stand On Climate Change 

![Justin Worland](https://static.time.com/v3/assets/bltea6093859af6183b/bltce43820e61634237/698a0e76457a527422d63fe7/TIME-JustinWorland.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1:1)

by 

[Justin Worland](https://time.com/author/justin-worland/)


![Justin Worland](https://static.time.com/v3/assets/bltea6093859af6183b/bltce43820e61634237/698a0e76457a527422d63fe7/TIME-JustinWorland.jpg?branch=production&width=96&quality=75&auto=webp)

## Justin Worland


Senior Correspondent

Updated: Dec 12, 2023 11:04 PM UTCPublished: Jan 12, 2018 7:23 PM UTC

Last month, the Trump Administration put more than 10 million acres of land in Alaska on the auction block for oil and gas companies to lease and eventually drill. The move — a key part of Trump’s energy strategy — was billed as the President making good on his promise to bring U.S. “energy dominance” to the rest of the world.

But by the end of the auction the Bureau of Land Management had received only seven bids for land covering 80,000 acres, less than 1% of the area offered. In total, the federal government would collect just under $1.2 million, or $15 per acre. The high cost associated with new drilling projects combined with relatively low oil prices made the area simply an undesirable investment for the industry.

Alaska is not the only place where Trump’s plan to drill has met with tough market realities. The Administration has taken steps to open millions of acres to oil drilling across the country and off the coast of the U.S., from using the tax reform bill as a [vehicle](http://time.com/5011486/anwr-arctic-national-wildlife-refuge-oil-drilling/) to open drilling in the Arctic National Wildlife Refuge to considering most of the waters of U.S. coasts for oil exploration. But analysts and key industry players say it remains uncertain how much of it will actually be developed to produce oil or gas.

“We’ll have to see,” said Jack Gerard, CEO of the American Petroleum Institute, asked about the business case for developing new areas proposed by the Administration for offshore drilling last week. “The market will eventually drive where those dollars are invested: are they onshore? are they offshore? are they in the United States or elsewhere?”

Trump has [promised](https://www.whitehouse.gov/briefings-statements/remarks-president-trump-unleashing-american-energy-event/) that his shift “unlocks million and millions of jobs and trillions of dollars in wealth,” but the market reality is more complicated. Oil prices remain low enough that pouring billions into exploring vast new areas offshore, in the Arctic and in Alaska — key regions Trump has sought to open to drilling — would be a risky investment. That’s especially the case as fracking in the U.S. remains a relatively cheap and accessible alternative. “The cost of the resource from shale is just more predictable,” says Roger Stern, a faculty fellow at the University of Tulsa’s School of Energy.


More broadly, oil investors have sought to stem overproduction, which has contributed to low prices, rather than finding new sources of supply. OPEC, the oil cartel that represents 14 oil producing countries including Saudi Arabia, the world’s second-largest oil producer after the U.S., has pushed production cuts. In the U.S., investors told shale oil and gas producers to focus on profits rather simply generating more of the product, according to a Wall Street _Journal_ [report](https://www.wsj.com/articles/wall-streets-fracking-frenzy-runs-dry-as-profits-fail-to-materialize-1512577420).

In the longer term, oil and gas projects can take more than a decade to develop, analysts say oil companies remain concerned about whether demand will stagnate. Policies fighting climate change and the rise of the electric vehicle could both shrink demand. A 2017 [report](https://www.iea.org/weo2017/) from the International Energy Agency shows global oil demand continuing to grow through 2040, but at a markedly slower pace.

Oil and gas companies nonetheless cheered Trump’s move. The companies that purchase the right to drill despite low demand tend to be the big oil giants that can afford the risk. Those companies could hoard some leases in case prices do recover and will be positioned for a windfall profit if they do. This means the government may forego opportunity for profitable auctions in the future while all but giving away the right to drill on public land today, says Hillard Huntington, executive director or Stanford University’s Energy Modeling Forum


“I’m not against developing these areas,” says Huntington. But “if the government sells the leases, I’m not sure how much money they’re going to get at this point. They could be sold at a relatively low fee, which would not be good for American citizens.”

No matter the market conditions, Trump’s presidency has largely been a win for the oil and gas industry. Regulations have been cut back, oil companies could soon have unprecedented access to land long out of their reach and, perhaps most significantly, at least in the short term, oil companies by and large received a massive tax cut.

But for now, the plan to sell them federal land for drilling is not a big win.


## Transcript

[00:00] As a candidate Donald Trump had no problem giving his
[00:03] opinion about climate change. So Obama's talking about all
[00:06] of this with the global warming, and a lot of it's a hoax, it's a
[00:10] hoax, I mean it's a money making industry okay .>> But as
[00:13] president he won't say what he things and neither will his
[00:15] administration. The president himself during the campaign
[00:19] called climate change a hoax. Have you had that
[00:21] conversation with him? I have not had that conversation
[00:23] with him. He no longer believes what he tweeted during
[00:27] the course of the campaign in years earlier, that it's a
[00:29] hoax? Look, you're gonna have to ask him. I'll ask it one
[00:33] more time. Does he believe global warming's a hoax?
[00:35] Does he believe- You should ask him that. When asked
[00:37] their own opinions, other members of the Trump
[00:38] administration generally agree the climate is changing and
[00:41] humans may play a role. Climate is changing, it always
[00:44] has. Man at this particular point in time is having an effect
[00:47] on it, how much effect is what's at debate here. So why is
[00:51] Trump himself so cagey? Part of it is political, polls show
[00:55] the majority of Americans believe global warming is real
[00:58] and is caused by human activities. Part of it personal,
[01:01] Trump does not like to admit he was wrong about an issue
[01:04] in the past As can be seen from his brief and begrudging
[01:07] admission this his crusade over President Obama's birth
[01:09] certificate was mistaken. President Barack Obama
[01:14] was born in the United States, period. But there's
[01:19] a legal reason too. The Environmental Protection Agency
[01:22] has found that the greenhouse gases, which cause climate
[01:24] change Are a form of pollution that endanger human health
[01:27] and wellbeing. And thanks to a 2007 Supreme Court ruling,
[01:31] that means the EPA must act on those findings. If the
[01:33] Trump Administration were to say climate change isn't real
[01:36] it would be open to lawsuits from environmentalists for not
[01:39] acting on its own EPA findings. EPA Administrator Scott
[01:43] Pruitt is careful to say that it's real in some form. I indicated
[01:48] That in fact global warming is occurring. That human
[01:51] activity contributes to it in some manner. That doesn't mean
[01:54] the EPA has to keep the Obama administration's plans in
[01:57] place. In fact members of the Trump adminstration have
[02:00] been steadily rolling back regulations designed to fight
[02:03] climate change. They just can't say they're doing that.
[02:05] Because climate change isn't real. [ MUSIC ]
[02:07] [ BLANK_AUDIO ]

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