Energy Secretary Chris Wright has been especially busy in the last week as the White House highlights falling gasoline prices now at their lowest levels in more than four years According to a recent appearance by Secretary Wright on Fox News the national average for gasoline stands just over three dollars per gallon He credited this drop to increased domestic oil production which is now at an all time high and pointed to supportive policies from the Trump administration compared to the previous administration Secretary Wright announced the Department of Energy is purchasing one million barrels of oil at fifty seven dollars per barrel to replenish the depleted Strategic Petroleum Reserve emphasizing that this is a responsible use of taxpayer money and a critical move for national preparedness

Additionally the Department of Energy just finalized export authorization for the Venture Global CP2 liquefied natural gas project in Louisiana boosting American energy exports and supporting job creation domestically The Secretary also announced a new national Fusion Science and Technology Roadmap meant to speed up development of fusion energy and make the United States a world leader in this promising field

A recent move by the Department terminated more than three hundred financial awards for energy projects leading to savings of around seven and a half billion dollars for taxpayers At the same time Secretary Wright closed a loan guarantee to improve grid reliability and lower electricity costs in the Midwest The department is also investing three hundred sixty five million dollars to support Puerto Rico's power grid after recent blackouts causing hardship for local communities

In a bid to strengthen clean energy supply chains the Energy Department restructured a deal with Lithium Americas and General Motors ensuring lithium production for electric vehicles stays domestic In traditional energy President Wright’s office announced six hundred twenty five million dollars in new coal industry investments aimed at boosting energy output and supporting coal communities

Amid debate in Congress about an impending shutdown Secretary Wright reassured the public that the United States nuclear stockpile remains safe despite the furlough of some workers but warned that ongoing spending fights threaten modernization efforts for the nuclear arsenal According to his statements federal contractors keep most nuclear security operations going but only short term funding is in place and he called on lawmakers to resolve the budget standoff

These rapid developments from Secretary Wright reflect an all of the above energy strategy focused on reliability security and affordability across oil gas renewables and nuclear power Thank you for tuning in and do not forget to subscribe This has been a quiet please production for more check out quiet please dot ai

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