WASHINGTON D.C- President Donald Trump fulfilled one of his campaign promises this past week by signing an executive order which approves construction on the Keystone XL Pipeline. This is yet another victory for the American economy as it helps in making America and Canada big competitors with OPEC, and other oil producing countries. In the past, we have been at the mercy of OPEC and the Saudi oil regulators.
OPEC has the world in such a grip that they can regulate the energy sectors and economies of any consumer state simply by adjusting prices and production. In the time that gas prices soared during the recession, the American people responded by investing in clean energy initiatives and more importantly, shale natural gas extraction. This method was rapidly growing in the US to combat the artificially high prices OPEC had on its oil. We then witnessed a decline in price at the pump in late 2013, it was because OPEC was overproducing oil and trying to starve out our new US domestic energy and natural gas endeavors. In my opinion, it is a form of economic terrorism waged against the United States.
So far it has worked to their favor, but with President Trump's focus on energy independence in the United States it will be interesting to see how this develops down the road. The Keystone Pipeline approval is one of many steps Trump has already taken to ensure our energy independence.
Of course, Democrats have tried to find a silver lining on this victory by walking back President Trump's comments on ensuring the pipeline is built by American hands, with American steel. They contend that the pipeline will not be built with American steel at all, and leave out a couple important facts.
Prior to Trump winning the election, steel for the pipeline had already been bought and shipped from overseas companies for the pipeline. Through flawed reasoning, Democrats claim this invalidates Trumps promise to "Buy American, Hire American". But lets be honest with ourselves: Why would we place blame on Trump for something that occurred before his presidency, and also waste money by shipping the material back to the seller? In what universe does that make any sense?
It is important to note that this executive order specifically addresses this too, stating that all new materials purchased for the pipeline from here on out will be of American origin. There are now reports of environmentalist organizations threatening with "guerrilla warfare tactics" to stop the construction of the Keystone XL Pipeline. Good Grief.