Date: September 6, 2017
WASHINGTON – Today, President Donald J. Trump traveled to North Dakota to deliver a speech on the need for tax reform and its impact on the American energy sector. The U.S. Department of the Interior oversees all energy production on federal lands and the entire Outer Continental Shelf, which collectively includes oil, gas, coal, wind, solar, geothermal, hydro-power, and more.
The following statement is from U.S. Secretary of the Interior Ryan Zinke:
"I applaud President Donald J. Trump's ambitious and determined work to deliver tax reform to America's energy workers.
"High taxes and over-regulation have discouraged development of our natural resources and job creation on federal lands for too long. Energy-rich states like North Dakota have proven the economic benefits that go hand-in-hand with harnessing these energy resources - including the over 5 million acres of federal mineral estate managed by the Department. North Dakota is the second highest producer of oil behind Texas - it is an energy powerhouse that will help lead our country to energy dominance. As global competition for investment increases and other countries seek to attract investment to their shores, we need to be ever vigilant that the United States maintains its competitive edge. The market for reliable and affordable energy is strong, but right now our high tax rate and over-regulation punishes companies for doing business in the U.S.
"Tax reform will restore our competitive edge so we can create more jobs and higher wages for American energy workers on federal lands and waters, and it will help put us on track toward American Energy Dominance.
"Developing American energy and achieving American energy dominance has three major benefits to the environment, economy, and national security:
"First, it’s better for the environment that the U.S. produces energy. I’ve spent a lot of time as a Navy SEAL in the Middle East, and I can tell you with 100 percent certainty it is better to develop our energy here under reasonable regulations rather than have it produced overseas with little or no regulation.
"Second, energy production is a boon to the economy, supporting more than 9.8 million jobs and supplying affordable power for homes, hospitals, manufacturing, and transportation. But for too many local communities, energy on public lands has been more of a missed opportunity and has failed to include local consultation and partnership.
"And, lastly, achieving American energy independence will strengthen our national security by reducing our reliance on foreign oil and allowing us to assist our allies. As a military commander, I saw how the power of the American economy and American energy defeated our adversaries around the world. Under President Trump’s leadership, we will once again develop our resources and use them as a diplomatic force to keep prices low and Americans safe."