The Department of the Interior proposed its largest oil and gas lease of over 78 million acres in the Gulf of Mexico. President Trump signed an Executive Order to expand offshore oil and gas drilling and open more leases to develop offshore drilling.

President Trump and his administration acted aggressively to increase exports of energy resources to the global market. This allowed financing for coal and fossil energy projects.

The Department of Energy announced the approval of the Lake Charles Liquefied Natural Gas terminal.

American LNG export opportunities increased under the Trump administration.

President Trump has approved the infrastructure and provided the resources needed to unleash oil and gas production in the U.S. The administration approved the Keystone XL and Dakota Access pipelines, supporting an estimated total of 42,000 jobs and $2 billion in wages.

The administration announced the approval of the New Burgos Pipeline, a cross-border project that will export U.S. gasoline to Mexico.

The Trump administration reversed President Obama’s moratorium on new leases for oil and gas development on federal lands.

President Trump rescinded President Obama’s costly Clean Power Plan and instead has proposed the Affordable Clean Energy Rule. According to NERA Economic Consulting, the CPP would have increased electricity rates by as much as 14 percent, costing American households up to $79 billion.

The Affordable Clean Energy Rule will reduce greenhouse gasses, empower states, promote energy independence, and facilitate economic growth and job creation

In addition to the Clean Power Plan, the Trump administration has rescinded many costly Obama-Era regulations. The EPA has rescinded President Obama’s methane emissions rule that would cost American energy developers an estimated $530 million annually.

The EPA is reviewing a rule that if rescinded would relax costly fuel standards and save $340 billion in regulatory costs.

President Trump announced his intent to withdraw the U.S. from the unfair Paris Climate Agreement.