From the Daily Caller News Foundation

By David Blackmon

Unlike his predecessors, President Donald Trump always seems to have energy and its impacts to the lives of all Americans at the top of his mind. Following his stemwinding acceptance speech at the Republican National Convention last August, I was able to highlight the more than 1,000 words specific to energy included in it.

The president’s high prioritization of energy and energy policy came into sharp focus again Tuesday night in his speech to a joint session of congress. None of what he said about energy received applause from the Democrats present in the House Chamber, but that was no surprise. Trump noted early in the speech there was literally nothing he could say to evoke such a response from minority party.

But ordinary Americans struggling to make ends meet after years of Biden/Harris-era inflation likely had a different reaction given that Trump’s focus on energy policy both in the speech and in action across the first six weeks of his second presidency has been focused on reforms designed to cut energy costs for everyone.

“Upon taking office, I imposed an immediate freeze on all federal hiring, a freeze on all new federal regulations,” Trump said early on. “I terminated the ridiculous green new scam. I withdrew from the unfair Paris Climate Accord, which was costing us trillions of dollars that other countries were not paying … We ended all of Biden’s environmental restrictions that were making our country far less safe and totally unaffordable. And importantly, we ended the last administration’s insane electric vehicle mandate, saving our auto workers and companies from economic destruction.”

Mr. Trump concluded that portion of the speech by pointing to his Day 1 executive order that all federal agencies must eliminate 10 old regulations for every new regulation they wish to implement. Again, this focused effort to tear down the entrenched bureaucratic state is designed boost the economy, create thousands of high paying jobs and lower prices by cutting the cost of regulatory overhead for which consumers inevitably pay.

Congress is also doing its part, having already eliminated some of the costliest Biden regulations via the Congressional Review Act.

Every action described there will, if made permanent, boost the economy and reduce the cost of energy for all Americans. Yes, even for the Democrats, some of whom audibly hissed during that portion of the speech. Amazing.

Where energy minerals are concerned, President Trump reiterated his desire to establish a U.S. presence in or control of Greenland and its enormous known reserves of rare earth minerals and other critical energy minerals.

“I also have a message tonight for the incredible people of Greenland,” Trump said. “We strongly support your right to determine your own future, and if you choose, we welcome you into the United States of America.”

Trump said Greenland is not just about energy, noting its control is also crucial for national security and even international security. “One way or the other, we’re going to get it,” he said, adding, “We will keep you safe. We will make you rich. And together we will take Greenland to heights like you have never thought possible before.”

The president also spoke about his administration’s efforts to re-establish U.S. control over the Panama Canal, noting that “a large American company (which turns out to be a BlackRock-led consortium) announced they are buying both ports around the Panama Canal and lots of other things having to do with the Panama Canal and a couple of other canals. The Panama Canal was built by Americans for Americans, not for others. But others could use it.”

Preserving the free flow of shipping through the Panama Canal during times of peace and potential war is critical to U.S. energy security given that crude oil is the most internationally traded commodity and LNG is rapidly rising on that list. The maintenance of strong energy security is among the most crucial aspects of ensuring strong national security and economic prosperity.

In reference to the amazing progress his administration has made in securing the southern border without any help from congress, Trump mocked Biden-era claims by the “media and our friends in the Democrat Party that…we must have legislation to secure the border.”

“But it turned out that all we really needed was a new president,” he concluded.

It has become starkly obvious over the last 6 weeks that the same principle applies to energy policy. The whole world has changed since Jan. 20.

David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.

MxM News

Quick Hit:

Bitcoin has surged past $90,000 following reports that 47th President Donald Trump is set to unveil a U.S. strategic bitcoin reserve during the White House crypto summit on Friday. The move signals a major shift in U.S. crypto policy, with Trump’s Commerce Secretary Howard Lutnick confirming that bitcoin will receive a “unique status” under the administration’s plans. The announcement has triggered a wave of buying, pushing the total crypto market back above $3 trillion.

Key Details:

• Bitcoin rebounded sharply to $90,000 after a tumultuous week, climbing around 10% in 24 hours.

• Howard Lutnick confirmed that Trump will announce a U.S. strategic bitcoin reserve at Friday’s White House crypto summit.

• Trump stated on Truth Social that the reserve will include bitcoin, ethereum, XRP, solana, and cardano.

Diving Deeper:

Bitcoin’s price rally comes after a volatile week sparked by President Trump’s ongoing involvement in the crypto space. Following reports from The Pavlovic Today, Commerce Secretary Howard Lutnick confirmed Trump’s intention to establish a U.S. strategic bitcoin reserve. This marks a stark contrast to the Biden administration’s approach, which subjected the industry to regulatory hostility.

The White House crypto summit, scheduled for Friday, will bring together key industry leaders and the president’s working group on digital assets to outline a regulatory framework and strategy for the reserve. According to Lutnick, bitcoin will receive a “unique status,” potentially elevating its role in U.S. financial policy.

Trump’s move has been met with enthusiasm from major crypto investors, with former Coindesk editor-in-chief Pete Rizzo calling it “massive.” The announcement also sparked renewed market optimism after recent setbacks, including the largest-ever hack of the Bybit exchange and a crash in the meme coin sector.

However, some bitcoin purists expressed frustration after Trump’s Truth Social post indicated that smaller cryptocurrencies—XRP, solana, and cardano—would be included in the reserve alongside bitcoin and ethereum.

Despite the controversy, the impact on the market has been undeniable. The crypto sector has struggled under years of aggressive enforcement actions and regulatory uncertainty under Biden, but Trump’s embrace of digital assets appears to be shifting sentiment. With the first White House crypto summit on the horizon, industry players are eagerly awaiting concrete details on how the strategic reserve will be structured—and whether it will solidify the U.S. as a global leader in crypto adoption.