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# President Trump Says He Wants 'Energy Dominance.' What Does He Mean?

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<!-- video src="https://cdn.jwplayer.com/manifests/ImIUerge.m3u8" -->
## Video: President Trump Says He Wants 'Energy Dominance.' What Does He Mean?

[Watch (HLS stream): President Trump Says He Wants 'Energy Dominance.' What Does He Mean?](https://cdn.jwplayer.com/manifests/ImIUerge.m3u8) (1:51)

![President Trump Says He Wants 'Energy Dominance.' What Does He Mean?](https://cdn.jwplayer.com/v2/media/ImIUerge/poster.jpg?width=720)

_Published 2017-06-30. U.S. presidents have promoted the idea of American "energy independence" for decades as a solution to the geopolitical issues that led to volatile energy prices — meaning the U.S. would produce enough energy to supply itself without having to rely on_


---

Jul 27, 2023 10:11 PM UTC

---

## More From This Series

[All Videos](https://time.com/video/)

[The U.S. Nuclear Fusion Breakthrough Is a Huge Milestone—But Unlimited Clean Energy Is Still Decades Off](/video/ysHoTGzA/)

### The U.S. Nuclear Fusion Breakthrough Is a Huge Milestone—But Unlimited Clean Energy Is Still Decades Off

[U.S. Energy Chief Approves Deal to Sell Nuclear Technology to Saudi Arabia](/video/oxfb9d6g/)

### U.S. Energy Chief Approves Deal to Sell Nuclear Technology to Saudi Arabia

[TIME Explains: U.S. Energy Independence](/video/XmcuBM5C/)

### TIME Explains: U.S. Energy Independence

---


## Transcript

For the past eight years, the federal government imposed massive job killing barriers to American energy development. Since my very first day in office, I have been moving at record pace to cancel these regulations and to eliminate the barriers to domestic energy production like never before. We have nearly 100 years worth of natural gas and 250 years worth of clean beautiful coal. I'm proudly announcing 6 brand new initiatives to propel this new era of American energy dominance. First We will begin to revive and expand our nuclear energy sector. Second, the Department of the Treasury will address barriers to the financing of highly efficient, overseas coal energy plants.

Third, my administration has just approved the construction of a new petroleum pipeline to Mexico. Which will further boost American energy exports. Fourth just today a major US company Sampras Energy signed an agreement to begin negotiations for the sale of more American natural gas. To South Korea. The United States Department of Energy is announcing today tha it will approve two long term applications to export additional natural gas from the Lake Charles LNG terminal in Louisiana, it's gonna be a big deal, it's a great announcement Finally, in order to unlock more energy from the 94 % of offshore land closed to development, we're creating a new offshore oil and gas leasing program.

America will be allowed to access the vast energy wealth located right off our shores.

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