In a bold declaration during a recent Fox News interview, former President Donald Trump referred to America’s untapped energy resources as “liquid gold,” asserting that the United States has more energy potential than any other nation, including Saudi Arabia and Russia. He promised to harness these resources to make the US energy-dominant on the world stage.
“We have more energy — we have more liquid gold, as I call it, under our feet than Saudi Arabia, than Russia, than anybody,” Trump was quoted as saying.
“We’re going to be energy-dominant, we’re going to make a fortune, we’re going to supply it all over Europe, all over the world,” Trump said. He criticized current policies that restrict energy infrastructure, particularly in New England, where he noted residents face some of the highest energy prices globally due to pipeline development restrictions.
Economic strategy centered on energy
Trump’s energy policy forms the cornerstone of his broader economic strategy, which he believes will ease inflation and strengthen the economy. “We’re going to get energy way down. Drill, baby, drill,” he said, emphasizing that reducing energy costs would help address broader economic challenges.
Auto industry revival through tariffs
Beyond energy, Trump laid out an aggressive plan to revive the American auto industry, which he claims has been significantly eroded by foreign competition. He pledged to bring back auto jobs through a tariff system designed to encourage domestic production and penalize countries like China and Mexico, which he says have “stolen” US manufacturing jobs.
“Those people in Michigan that love me and that I love, they’re going to give us a victory because their auto industry won’t exist in two years if she [Harris] gets elected,” Trump warned, predicting a dire future for the industry under current policies. He vowed that if elected, his administration would take immediate action to reverse this trend.
Commitment to swift action
Trump promised to prioritize the revival of the auto industry within the first two weeks of his term, assuring voters that his policies would lead to a surge in domestic auto production and job creation. “We’re going to have more auto jobs than we’ve ever had,” he declared, underscoring his commitment to restoring American manufacturing.