Despite fueling unprecedented domestic manufacturing, global dominance, and technological advancement throughout the last century, the American energy industry has been playing defense in recent decades. Activist environmentalism and liberal government bureaucrats have vilified oil and gas (not to mention nuclear), aggressively lobbying to curtail the discovery, drilling, and development of America’s natural resources.
Further compounding the issue, major financial institutions such as BlackRock, State Street, and Vanguard have enforced radical environmental, social, and governance (ESG) policies, inflicting significant damage on industries like oil, gas, and coal. During President Biden’s administration, federal agencies issued an unrelenting stream of mandates, rules, and regulations that undermined the production of affordable, clean, and reliable energy.