President-elect Donald Trump is set to declare a national energy emergency on Day 1 of his return to power, part of his administration’s plan to ramp up domestic energy production. The order will focus on unlocking Alaska’s resources as well as ending what a Trump White House official called “the electric vehicle mandate.”
Trump, who will be inaugurated on Monday at noon EST, wants to increase domestic oil and gas production in order to bring down prices for U.S. consumers, the official said. Energy prices influence every part of the economy, ranging from the prices that consumers pay at the pump to the cost of items that require fossil fuels for production, the official noted.
The president-elect is also planning on signing a memorandum on inflation, noting that higher prices were “by design” under the Biden administration, the official added.
The national energy emergency will “unlock a variety of different authorities” that will enable the U.S. to quickly build again to produce more natural resources, create jobs and prosperity as well as strengthen national security, the incoming official said.
Trump, who has long opposed clean energy and EV subsidies, has said the U.S. needs to increase traditional oil and gas production in order to reduce energy prices for Americans, a theme he reiterated in his inauguration speech on Monday.
“The inflation crisis was caused by massive overspending and escalating energy prices,” Trump said. “And that is why today I will also…
