DAVID BLACKMON: Trump’s First 100 Days Of Energy Policy Are A Rousing Success

Australia-based energy firm Woodsideannounced Monday plans to invest $17 billion in  a new liquefied natural gas export facility to be sited in south Louisiana. Company CEO and Managing Director Meg O’Neill said the Louisiana LNG facility represents the single largest greenfield energy project investment, and the largest foreign direct investment in the state’s history.

In a release, the company said the project will support 15,000 jobs during the construction phase and, when completed, will sport a total export capacity of more than 27 million tons per annum of LNG. Originally named the Driftwood LNG project by previous owner Tellurian, Woodside acquired the project in 2024 for just $900 million.

The timing of Woodside’s announcement on Monday, which represented the 99th day of President Donald Trump’s second administration, serves to symbolize the impressive success the President and his senior appointees have had in completely changing the energy and climate policy debate in the U.S. across their first 100 days. Nowhere has this sea change in policy been more obvious than as it relates to the LNG export industry.

When Trump was sworn into office on January 20, America’s LNG sector had spent the previous 358 days as a target of demonization by former President Joe Biden and his senior officials. That stemmed from the decision by the White House to implement a so-called “pause” in permitting of new LNG facilities like Louisiana LNG on January 27 last year. Prior to last November’s election, that pause appeared destined to become a permanent feature of federal policy had Kamala Harris won the presidency.

President Trump canceled the Biden pause with a Day 1 executive order, and the industry has since resumed the pace of rapid expansion that had made it one of America’s great growth industries prior to Biden’s irrational move last year.