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donald trump, kevin cramer
President Donald Trump with Rep. Kevin Cramer (R-ND) at the Williston Basin Petroleum Conference in Bismarck in May, 2016. Photo: Jason Spiess.

The New Age of Trump Oil

Recently, President Donald J. Trump joined Energy Industry Executives, members of Congress, and Cabinet Officials at the Department of Energy to deliver remarks on unleashing America’s boundless capacity for energy production.

“We’re here today to usher in a new American energy policy,” he declared. The President explained that his focus isn’t so much on “energy independence,” but rather dominance. In fact, the program is being called “American Energy Domination.”

“This is an outstanding development,” Daniel Fine, associate director of the New Mexico Center for Energy Policy at New Mexico Tech said. “Since 1973 we have been dependent on importing oil. After the embargo of 73’ from the Middle East and OPEC, our entire energy focus was whether we were going to have a disruption or not. Who will cut us off next? What do we do?”

The Unites States began conservation methods, alternative fuels and other strategies, like ethanol. “That has all ended,” Fine said. “With a Trump administration we reverse that.”

Fine explained further how the United States is on their way to self sufficiency along with partner nations. “We are on our way to self sufficiency with Canada (and eventually Mexico),” Fine said. “I call it ‘continentalism’, North America can stand alone.”

Fine believes the strategy behind American Energy Domination is already set in motion and could potentially come to fruition in the next 5 years. He also circled back to clarify Mexico’s role in Trump Oil. “Mexico will eventually be included in Trump Oil after the NAFTA negotiation,” Fine said. “Mexico is a buyer of the continent. It imports natural gas, but it does not import oil nor does it export oil to us (United States).” This will create a paradigm shift in the oil and gas industry.

“The North American continent will have its own market,” Fine said. “We will make the price of oil.” Fine believes the West Texas Intermediate (WTI) price will become the North American price. “Trump has announced we are going in that direction and this is an outstanding change from dependency,” Fine said. “The benefit will be that we have stability of price, producers will know the price, speculators will not have much to do with it; the trading of oil will be here, centered in North America.”

He added that whatever happens in other parts of the world will not endanger or threaten our oil production and price.

U.S. Congressman Kevin Cramer (R-ND), who often advises President Trump on energy policies, sees Trump Oil as a boon to American security and its economy. “It’s interesting to me because President Trump, then candidate Trump, took his nationalistic culture on the road and became president largely as a result of that,” Cramer said. “We should be viewing our energy security with a continental approach.”

He added that it isn’t just because the United States is at the center of the continent. Rather, it is because the natural resources span beyond borders. “Together as a continent of friends and allies, we really supercede the Middle East in terms of oil and gas, in terms of our ability to market North American energy security [and] North American energy products.”

Cramer continued saying the diversity and differences between the three countries will actually benefit everyone involved.

“Sometimes it is easier to build an export terminal in Canada than it is in the United States,” Cramer said. “Mexico is an emerging economy and is a large buyer of our natural gas. The more we can do to help them develop their economy the more demand there is for our products.”

John Yates Jr, president of Abo Empire, sees Trump Oil stabilizing oil and gas prices for longer periods of time. “This actually happened in the mid-1950s when Eisenhower was President and he saw the need for a healthy domestic oil and gas industry,” Yates said. “By presidential decree, he put quotas on foreign crude and stopped allowing imported crude to come into refineries in the U.S.”

According to Yates, this created an environment with stabilized oil prices from the mid-50s until the 1970s when the Oil Embargo took place. “That period in history allowed operators to somewhat depend [on] at least a ceiling and floor price,” Yates said. “Operators could do adequate planning and have a stable environment to try and drill for oil and gas.”

Yates believes the direction of Trump Oil will create a quota situation once again, slowly eliminating the Middle East’s influence on American energy.

He explained how his company’s production has grown considerably over the past decade and there is even more potential on the horizon. The only thing standing in the way of their company’s potential and growth is political red tape.

“There’s a lot of opportunity out there to grow our production and we are just waiting for someone to step up to the plate that is going to sanction our message,” Yates said.

2 comments

  1. I see a glitch in this plan. Why are you calling this Trump Oil? It is against the law for the president of the United States to control industries. In America, we don’t do that kind of thing. In Russia there are Putin’s oligarchs that control industries, and it is making himself and his oligarchs very wealthy at the expense of the people, and in third world nations, the dictators own the nation’s natural resources, and they pour the wealth into their own pockets at the expense of the people.

    You are selling oil to China. We are a debtor nation to China, and China manufactures critical parts for our military munitions so China controls our military capability. What if China calls in their debts, and if Trump makes a deal with China like al Bashar did with Sudan’s oil? Will you turn North Dakota into another Darfur? Will Bakken oil make oil executives wealthy at the expense of the people?

  2. My organization is working to create an international government based on the US Constitution and the cooperation of nature. Its departments made up of experts in their fields will make fair and equitable trade agreements. People in 85 nations like the plan for the international government, including important Muslim leaders.

    Saudi Arabia has been the leading oil producing nation for a long time, and they are running into problems because their economy is based almost entirely on oil. This has made oil-producing nations very wealthy, but the backbone of any economy is small business, and Saudi Arabia is trying desperately now to diversify their economy. The Gulf War started as the result of Kuwait slant drilling into Iraq’s oil fields. The oil fires during the Gulf War created an environmental crisis, and a health crisis. A nation’s natural resources must be a blessing to the people, not just make a few people wealthy.

    In the future, my organization will introduce a chemical formula that turns oil into fine fabrics so that it is not necessary to drill for oil to burn in internal combustion engines and a small amount of oil will enable the nation to maintain its economy on a very high level without depleting its resources. I recommend Bakken executives consider carefully what you do with these resources.

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