President Donald J. Trump‘s nominee to lead the Department of Energy will lay out the America First leader’s bold and aggressive vision to unleash American energy independence. According to prepared remarks that Chris Wright—tapped by Trump to serve as Secretary of Energy—will deliver at his confirmation hearing on Wednesday, the incoming presidential administration aims to reestablish America’s dominance of global energy markets, restart cutting-edge energy research, and slash burdensome regulations.
“To compete globally, we must expand energy production, including commercial nuclear and liquified natural gas, and cut the cost of energy,” Wright’s prepared remarks set to be delivered before the Senate Committee on Energy and Natural Resources read. The energy secretary nominee continues: “Energy is the essential agent of change that enables everything that we do. A low-energy society is poor. A highly energized society can bring health, wealth, and opportunity for all.”
Wright, the founder and CEO of Liberty Energy, is expected to stress the importance of American energy policy as a critical component of national security, especially in terms of research and development of new technologies and independence from foreign energy sources. The expansion of affordable energy sources is thought to be key to furthering the artificial intelligence (AI) revolution sweeping the globe and restoring America’s role as a key manufacturer of semiconductors.
Once confirmed by the U.S. Senate, Wright will face a tall task in undoing several crippling Biden government energy policies. In the closing days of his presidency, Joe Biden issued a drilling ban over large swaths of America’s offshore territory. This significantly reduces the areas where oil and natural gas exploration can occur. Additionally, Wright is expected to lead the charge on ending Biden’s liquified natural gas export restrictions enacted early last year.