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After watching Brett Baier’s interview with US Energy Secretary Chris Wright I am feeling better about America’s future. It is so refreshing to have an Energy Secretary that finally gets the fact that the United States has been losing ground when it comes to energy security and the need to get prepared to power our economic future.

In an interview with Bret Baier on Fox News Special Report, Energy Secretary Chris Wright in response to Brett on whether America can meet future energy demand that because of AI could increase by 15%, he emphatically said that, “Can I America meet that demand? Not only can we meet that demand, but we must also meet that demand. This is I liken it to the Manhattan project where we had to build an atomic bomb before Nazi Germany. China is going all out on AI which has massive national security implications, and the US must stay ahead in the AI arms race that takes a lot of energy, but the Trump Administration is ready to meet that challenge.”

While Energy secretary Chris Wright can’t compete with previous Energy Secretary Jennifer Granholm’s dance moves, at least he knows energy inside and out I think he realizes that if you’re going to power the economy of the future you can’t rely on unproven interruptible energy sources. And while those energy sources can play a role, the reality is if you want to compete and survive in the global economy over the next 25 to 100 years you have to power that economy with oil and gas.

Bret Baier’s interview happened after the Trump Administration met with oil and gas industry officials, which contrasts with the previous administration when there was little engagement with this sector. The Biden administration took years before initiating contact with individuals in the oil and gas industry, and they did not receive access to the White House. The prior administration had a negative view of the oil and gas industry, perceiving it as being involved in war profiteering and price gouging, and this mischaracterization impacted the national progress.

The Biden administration’s green energy obsession actually raised the cost of energy and put an undue burden on the poor and the middle class. Biden’s energy policies that consisted of spending billions of dollars on green energy projects, not only reduced the supply of available energy but also added to inflation with reckless spending.

It is notable that Energy Secretary Wright recognizes the importance of the current energy challenges. This perspective comes amidst the changes in oil and gas prices. Some attribute the recent price decrease to an economic slowdown; the market is responding to a more efficient regulatory environment. Experts disagree on the impact of presidential energy policy on prices, but detailed analysis indicates it affects them. Biden’s policies made them go higher and Trump’s policies made them go lower.

This comes the day after the Federal Reserve seems to be lost about the economic impact of tariffs. Fed Chairman Jerome Powell suggested that the Federal Reserve really doesn’t know how Trump’s tariffs will affect inflation and economic growth yet haven’t we been through this before. Even as we’ve seen some inflation expectations rise in surveys, we’ve actually seen hard numbers on inflation go down because tariffs are not inflationary.

In fact this mischaracterization shows me that inflationary impacts on tariffs is one of the reasons why people surveyed think inflation might go up but we’ve been here before. President Trump put on tariffs during his first administration. Did we see inflation go up? No, we saw quite the opposite.

Will winter ever end? Natural gas does not think so after it rose almost 5% yesterday. Maybe natural gas traders were watching Fox Weather that reported, “Blizzard Warnings stretch from Colorado to Minnesota. Major highways in Kansas, Nebraska and Iowa closed on Wednesday due to dangerous travel conditions. Fox Weather said that heavy snow and damaging winds are leading to whiteout conditions and power outages. A powerful winter storm that’s blasting portions of the Plains and Upper Midwest has produced blizzard conditions in parts of Kansas as the region gets slammed with heavy snow, strong winds and even some thundersnow.

Natural gas not only rose on colder weather in the forecast that could extend below normal temperatures for the Midwest and the east. The expectation of more exports is giving the back end of the curve some support. President Trump’s lifting of the Biden LNG natural gas export pause and terminal approvals is another step to energy sanity.

Bloomberg reported that the Trump Administration is close to approving its first LNG export project, a Commonwealth LNG export facility in Louisiana. Increased US capacity for exporting LNG would boost demand for US nat-gas and support nat-gas prices.

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