America’s Energy Dominance: The Fruit Of Freedom On Our 250th
As we celebrate America’s 250th birthday, one of the finest blessings our Founders gave our nation stands out with particular clarity: the system of free enterprise. That system did not merely enable liberty and prosperity in the abstract.
As we celebrate America’s 250th birthday, one of the finest blessings our Founders gave our nation stands out with particular clarity: the system of free enterprise. That system did not merely enable liberty and prosperity in the abstract.
It unleashed the human ingenuity, risk-taking, and capital allocation that turned America into the world’s unrivaled energy superpower.
From the coal age that fueled the Industrial Revolution, through the oil age that powered the 20th century, to the LNG age we now dominate, American free enterprise has repeatedly delivered technological leadership and abundance. No central planner designed these revolutions.
Entrepreneurs, engineers, and investors did, operating in a system that rewards results above political connections.
Today that legacy is unmistakable. The United States leads the world by a wide margin in the production of both oil and natural gas. We have also become the world’s largest exporter of liquefied natural gas, shipping reliable energy to allies across Europe and Asia who once relied on less friendly suppliers.
While some critics like to call this an accident of geology, they’re wrong. America’s LNG dominance is the direct result of the shale revolution, advanced drilling techniques, and a policy environment that, when properly structured, lets markets work.
America once held a similar commanding position in nuclear power. We built the world’s first commercial reactor and led in reactor technology for decades. Then came the 1979 Three Mile Island incident. Irrational fears, amplified by media and activists, led to a bureaucratic paralysis in the Nuclear Regulatory Commission which stalled new construction for two generations. Promising projects died in paperwork as existing plants faced endless regulatory hurdles. America fell behind while other nations pressed forward.
Today, that era is ending. The Trump administration is delivering a major push to revitalize America’s nuclear power industry. Energy Secretary Chris Wright and Interior Secretary Doug Burgum have announced major project milestones in recent weeks, including new loan programs to support large-scale reactors and breakthroughs on advanced designs such as microreactors that have already achieved criticality.