If Democrats had, in the name of climate, rolled out the kind of price increases on fossil fuels and autos that the Trump Administration is currently, they would have been pilloried.
But branding it “Canada is our Enemy and has been cheating us and should be the 51st state”, has gotten big buy-in from MAGA yahoos.
More demonstrations that all paths lead to a renewable transition, as the Wall Street Journal recently admitted.
Environmentalists have struggled to figure out how to deal with Americans’ affinity for these big cars. But you, Mr. Trump, you knew just what needed to be done. You slapped giant tariffs on cars and trucks and auto parts, which could spike new car prices by $4,000 to $10,000, according to Anderson Economic Group.
There’s even a good chance that price hike could hit internal combustion cars worse than it hits EVs — in part because the internal-combustion car supply chain has existed for longer and has had more time to ooze across North America. This widespread damage could prompt layoffs at Ford and GM — but you didn’t hesitate for the climate’s sake, comrade! You were ruthless.
But Mr. Trump, you didn’t stop there. As you surely know, roughly a third of America’s greenhouse gas emissions come from natural gas. It is the prize jewel of fossil fuels, and it’s absolutely core to the U.S. energy system — and Mr. Trump, you did not hesitate to tax it directly. Thanks to your new 10% tariff on Canadian energy imports, American consumers can now expect to pay an extra $1.1 billion a year for natural gas, according to the American Gas Association. Those higher costs will be concentrated in western states and New England.
Your tariffs are also going to make electricity prices go up, particularly in some of the swingiest congressional districts around the Great Lakes. Electricity will also get more expensive in Maine, which has a Senate race in 2026. Mr. Trump, this is an act of true political courage. Normally, environmentalists wouldn’t support raising electricity prices, because it might discourage people from buying EVs or electrifying their homes. But since you’re raising electricity and natural gas and oil prices at the same time, you’re practically begging Americans to buy heat pumps, induction stoves, and invest in energy efficiency technologies essential for decarbonization. And to do so even though it might put your own party’s control of the Senate at risk? You are one hell of an environmental zealot.
—
Meanwhile,
Oil Price.com writes that “Drill Baby Drill” is Dead:
Despite Trump’s full-throttle push to “unleash” U.S. energy, Permian oil producers are keeping their foot on the brakes. At a Houston conference this week, energy executives made it clear that while production is still growing, the breakneck pace of the past decade is history.
In 2025, Permian output is expected to rise by about 250,000 to 300,000 barrels per day (bpd), down from last year’s 380,000-bpd increase. That’s a 25% slowdown, and it’s not just because of market conditions—it’s intentional.
On Thursday, Chevron’s Barbara Harrison summed up the mood to Reuters: “We still expect to see growth in the Permian, but we expect to see that moderated.” In other words, U.S. shale is no longer in “drill, baby, drill” mode. Instead of chasing volume, companies are focused on keeping costs in check and delivering returns to investors—a stark contrast to the reckless production boom of the 2010s.
Even though the U.S. remains the world’s top oil producer at 13.2 million bpd, capital discipline is the new mantra. Coterra Energy’s Shannon Flowers spoke of the irony: “The Trump administration wants lower energy prices. That’s not necessarily good for producers.”
One thought on “Trump’s Hidden Green Agenda”