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Trump Declares 'National Energy Emergency' at Davos, Targets Alaska for Energy Boost

Jan 23, 2025, 04:12 PM

President Donald Trump has declared a 'National Energy Emergency' to reverse what he describes as an assault on U.S. power production by the previous administration. This declaration is part of a series of executive actions aimed at harnessing the nation's natural resources, with Trump emphasizing that the United States possesses the largest amount of oil and gas of any country and intends to utilize these resources. Speaking at the World Economic Forum in Davos, Trump stated that using these resources would not only reduce the cost of goods and services but also position the U.S. as a manufacturing superpower. He heralded the beginning of the 'Golden Age of America' and promised to allow very rapid plant building, with companies able to fuel these plants with any resources they choose. The executive orders include measures to facilitate energy exploration and production on federal lands and waters, eliminate the electric vehicle mandate, and encourage the production of critical minerals. Trump also specifically targeted Alaska, aiming to re-open oil and gas leases in the Arctic National Wildlife Refuge and other areas previously restricted by the Biden administration.