Trump's energy plans worry UK as prices keep hitting wallets hard

Next US president prepares massive energy production boost while British costs stay sky-high. UK faces tough choices as Trumpʼs team aims for 3 million daily oil barrels with no climate-change worries

November 30 2024 , 06:56 AM  •  242 views

Trump's energy plans worry UK as prices keep hitting wallets hard

Donald Trumpʼs return brings clear energy goals - unlike his fuzzy stance on other policies. His day-1 plans might be unclear for trade but theres no doubt about his energy vision: more production lower costs

The campaign trail showed how Trump won over swing-state voters (especially in Pennsylvania) with his pro-energy stance. His team kept showing videos of Kamala Harris changing her mind about fracking which hit home with many folks who remember cheaper gas prices during his first term

  • Picked oil-industry leader Chris Wright as energy secretary
  • Named Scott Bessent for treasury position
  • Both support high-volume energy output
  • Goal: reach 3-million barrels per day

The UKʼs looking worse-off in comparison; its energy costs are through-the-roof. The Labour Party faces a rough winter season: theyʼve cut the winter fuel money for old folks and prices will jump up in jan-2025. British homes pay the worlds highest electric bills which makes it super-hard to get the economy moving

Every bit of growth needs power - from building houses to making new tech. The UK dont need to copy Trumps full plan but it needs to fix its nimby-problem: people keep saying no to new energy projects (wind-farms nuclear plants or fracking sites). While America pushes forward Britain seems stuck in place