Trump made the US Energy Independant

[Fife]

There is nothing -- literally *nothing* -- that a socialist will not tell is a function of "national security."

[Speaker to Animals]

What was I thinking. No liberal MHF poster ever bothers to read the links to articles in OP before criticizing the arguments they never bothered to read..

Here is one relevant chart:

What I see is crude growth changes direction BEFORE the election, and Trump was not expected to win. Also derivative charts like that one of "production growth" rather than actual production rate can be misleading.

As for NG sales, if we agree that energy security is part of national security, then there's a reason to limit export.

Well, what you actually see in that graph is a devastating downward trend in oil growth (actually a decline in domestic oil production) as a result of Obama's draconian policy of prohibiting the development of our oil reserves. There is some movement in the very last month of his administration to just get it back to neutral. Then Trump took that trend back towards neutral and pushed us over the edge into growth.

You can even visibly see a statistically significant increase in growth starting last summer when Trump opened up our offshore oil reserves to development, which Obama had previously used some arcane 1950s-era law to lock down.

[brewster]

Well, what you actually see in that graph is a devastating downward trend in oil growth (actually a decline in domestic oil production) as a result of Obama's draconian policy of prohibiting the development of our oil reserves. There is some movement in the very last month of his administration to just get it back to neutral. Then Trump took that trend back towards neutral and pushed us over the edge into growth.

You can even visibly see a statistically significant increase in growth starting last summer when Trump opened up our offshore oil reserves to development, which Obama had previously used some arcane 1950s-era law to lock down.

"devastating downward trend in oil growth". So convenient to start that graph just when 7 years of Obama era growth falters due to a glut and crash in oil prices. Look at ALL the data together. Honestly, I don't think presidents have much control over these markets, but if you want to credit Trump, you must also credit Obama.

[PartyOf5]

Let me go back to your original statement.

What do you "energy independence" guys think of the growing export of NG? I think it should be illegal. I can at least understand the argument that energy independence is worth the environmental damage of fracking, but is lining the pockets of gas producers MAGA? That exported gas will shorten the time to when it gets harder and harder to produce, driving up domestic prices.

Do you think exporting NG as a whole should be illegal, or are you trying to say that we should limit the export of it? Either way, if our production is growing past the point of what we need nationally, why not export the excess? Do you support building a wall in the name of national security as well?

The "evil corporation" vibe comes out in your comment about lining he pockets of gas producers. Sounds very Socialist, like the government should own the NG and the means of production for the good of the country. These companies have employees and other investments. Why shouldn't they be able to make money off of the NG they spent money pulling out of the ground? The more they can sell, the more people they employee and the more those employees make.

[brewster]

As I also said, my concern is energy security AND the extensive externalized costs of this industry. Burning down your house in winter seems like a good idea for a while too. You get warm but it's not sustainable.

BTW, I don't think border security is bad thing. I'm in favor of immigration, but not of tilting it completely to those who can walk here and against the millions of worthy people on other continents who would make outstanding Americans.

[PartyOf5]

As I also said, my concern is energy security AND the extensive externalized costs of this industry. Burning down your house in winter seems like a good idea for a while too. You get warm but it's not sustainable.

BTW, I don't think border security is bad thing. I'm in favor of immigration, but not of tilting it completely to those who can walk here and against the millions of worthy people on other continents who would make outstanding Americans.

Some odd analogy about burning down your home doesn't answer my question.

Second paragraph also fails to answer my question about building a wall.