Keep pulling the thread on Chris Wright.
A total of $10 trillion has been spent globally on wind, solar, batteries, and related transmission infrastructure.
Despite a $10 trillion investment, wind and solar combined provide only 2.6% of global energy.
It is predicted that LNG exports from the United States to Europe will surpass the record set in 2025 by the end of the current year.
Europe is projected to import approximately 85 to 90 billion cubic meters (bcm) of natural gas from the United States by the end of the current year.
The energy policy of the Trump administration is to massively increase the supply of all forms of affordable, reliable, and abundant energy.
The Trump administration's energy goal is "energy dominance," which involves producing enough surplus energy to reshore industries and export to allies, rather than just achieving energy independence.
Over the last 20 years, U.S. natural gas production has more than doubled while the number of active drilling rigs has declined by 90%, from 1,200 to 120.
The United States can continue to supply Europe with low-priced natural gas for the foreseeable future.
The United States will restart nuclear fuel reprocessing, likely in partnership with the French company Orano.
The U.S. Department of Energy is seeking volunteer communities to host "nuclear innovation campuses" that will integrate reprocessing, fuel fabrication, enrichment, reactors, and waste disposal.
The European Union's Carbon Border Adjustment Mechanism (CBAM) could make it too risky for U.S. companies to export natural gas to Europe due to its regulatory burden.
The United States is supporting a "vertical gas corridor" to supply Central Europe with U.S. LNG via terminals in countries like Lithuania, Poland, Croatia, and Greece, reducing reliance on Russia.