Wright argues that states that shut down all their coal plants now have electricity prices about 80% higher than states that kept them.
10 states, through politics— ignorant politics that are not friendly to math—have closed all their coal-fired power plants. In these 10 states, electricity prices are on average 80% higher than in the 10 states that did not try to close their coal plants.
Wright says closing coal plants merely relocates emissions while impoverishing Americans and driving out businesses, and the Trump administration is restoring common sense in energy policy.
They don't reduce emissions, they just move them, but in the process they impoverish Americans and drive businesses out of jurisdictions where energy policies are flawed. Fortunately, President Trump and our entire administration are coming back to restore common sense. Energy is about people and mathematics.
Wright emphasizes that coal plants running year-round provide reliable baseload power underpinning American quality of life.
We wouldn't have the quality of life we have in America if this station wasn't up and running 365 days a year. Now, when it's under maintenance, like it is now, its sister stations are up and running and replacing it.
Wright acknowledged the cost of the Iran policy but said gasoline prices peaked weeks ago and will keep falling as the conflict eases.
Making sure that Iran doesn’t get a nuclear weapon absolutely has come at a cost,” he said. “But gasoline prices peaked several weeks ago. They have been slowly coming down. … We want to see it lower. They will go lower — conflict-related.
Wright presents nuclear uprates as a common-sense energy addition policy that delivers more affordable, reliable and secure power.
Uprates that maximize power generation from our existing nuclear facilities are yet another example of the common-sense energy addition policies the Trump administration is embracing — ensuring more affordable, reliable, and secure energy for American families and businesses.
Wright says the US is restarting three nuclear plants, uprating others, and will soon announce new reactor projects amid a nuclear renaissance.
We are restarting 3 nuclear plants and increasing output at power plants across the country. You will soon hear announcements about new reactor construction.
Original (zh)
我們正在重啟3座核電廠,提高全美各地發電廠的發電功率。大家很快就會聽到有關新建核反應堆的公告。
Wright says the US is restarting three nuclear plants, uprating plants nationwide, and will soon announce new reactor builds, driven by Trump's grid expansion goals.
We are restarting three nuclear plants and increasing the power output of plants across the country. You will soon hear announcements about new nuclear reactors being built.
Original (zh)
我们正在重启3座核电厂,提高全美各地发电厂的发电功率。大家很快就会听到有关新建核反应堆的公告。
Energy Secretary Wright said the Constellation uprates would add significant energy, ease rate pressure, and boost manufacturing and jobs in the regions served.
It’s significantly more energy, puts downward pressure on rates, allows more manufacturing, more jobs to be created in the area served by these plants,
Energy Secretary Wright framed the suspension of sanctions on Russian diesel exports as an incentive meant to nudge Moscow toward ending the war in Ukraine, and said more shipments could follow depending on Russia's behavior.
It's trying to put a carrot in front of Russia,
Wright says the administration is restarting three plants, uprating plants nationwide, and will soon announce new reactor construction amid a nuclear renaissance.
“We’re restarting three power plants, uprating power plants all across the country, and soon you’ll be hearing announcements about new reactors being constructed,” Wright said.
Wright acknowledged that the Iran effort has carried a cost but said gasoline prices peaked weeks ago and will keep falling as the conflict-related spike fades.
Making sure that Iran doesn’t get a nuclear weapon absolutely has come at a cost. But gasoline prices peaked several weeks ago. They have been slowly coming down… We want to see it lower. They will go lower — conflict-related.
Wright argued Republican energy-addition policy lowers prices over time, while Democratic policies keep them high, and described the current spike as temporary.
The difference is, with Democrat energy policies, they never go away. Republican policies are about energy addition. President Trump’s about driving energy prices down. But yes, he is ending Iran’s nuclear program, and that’s causing a temporary elevation of prices.
Wright conceded public anger over energy prices, blamed prior Democratic policies, and called the current situation a temporary interruption.
People are clearly upset about higher energy prices. Energy is fundamental to people’s lives. We’ve had these [Democratic] policies that have just needlessly driven up energy prices. The Trump administration has been all about doing exactly the opposite… We have a temporary interruption right now.
Energy Secretary Chris Wright says nuclear uprates at existing plants advance a US nuclear renaissance and deliver more affordable, reliable and secure energy.
The Energy Department is accelerating President Trump’s American nuclear renaissance and unlocking the full potential of our nation’s nuclear fleet. Uprates that maximize power generation from our existing nuclear facilities are yet another example of the commonsense energy addition policies the Trump Administration is embracing—ensuring more affordable, reliable, and secure energy for American families and businesses.
Wright argues that a nuclear-armed Iran would mean a generation of expensive energy and Middle East instability, justifying short-term gasoline price pain.
But if Iran were to obtain nuclear weapons, we would have a generation of expensive energy and a highly destabilized and dangerous region in the Middle East.
Wright says the diesel arrangement is not a lifting of Russian sanctions but an incentive for a peace deal, with possible price relief as a secondary effect.
This is not Russian oil. We did not lift sanctions on Russian oil exports. Russia cannot export diesel today. They will be able to export significant amounts of diesel only if they change their behavior in the war.
Wright commits to building two new gas pipelines into New England to cut heating and electricity prices, blaming Democratic policies for blocking infrastructure.
Build two new gas pipelines to New England, lower heating and electricity prices. This is the Trump administration's agenda.
Wright highlights uprating an existing 40-year-old nuclear plant by 150 MW as a cheap way to add power using existing infrastructure.
It is over 40 years old, and we are increasing the capacity of this station by 150 megawatts. You know, that's 100,000 households that will receive energy from the existing plant. It is already built. All the infrastructure is already here. We just replace some turbines and get more energy.
Energy Secretary Chris Wright said designating helium a critical material is a step toward securing supply chains, creating US jobs and keeping the US ahead in energy and tech innovation, given helium's role in semiconductors.
“Helium is essential to producing the semiconductors and advanced technologies that power our economy,” US Secretary of Energy Chris Wright said in a news release. “By designating helium as a critical material, we are taking another step toward securing our supply chains, creating American jobs, and ensuring the United States leads the world in energy and technological innovation.”
Energy Secretary Wright said designating helium as a critical material is part of the administration's effort to secure the materials needed to rebuild US manufacturing.
“President Trump is bringing back America’s manufacturing industry, and that means making sure we have the materials needed to build things in America again,”
Energy Secretary Chris Wright says designating helium a critical material is a step toward securing supply chains, creating jobs and keeping the US ahead in energy and technology, given helium's essential role in semiconductors.
Helium is essential to producing the semiconductors and advanced technologies that power our economy. By designating helium as a critical material, we are taking another step toward securing our supply chains, creating American jobs, and ensuring the United States leads the world in energy and technological innovation.
Wright argued that freeing up more output from existing generation and easing transmission bottlenecks is the fastest way to add grid power and lower prices.
The fastest way to get new power onto the grid, which pushes down prices, is to liberate more power from the existing generation facilities we already have
Wright said the administration is discussing reopening every refinery it can to boost fuel output, while cautioning that not all will happen.
“We are talking about reopening every refinery we can,” Wright said in Houston, Reuters reported. “There are dialogues there, and that’s a tough challenge. I’m not saying all these are going to happen.”
Wright said Delek made a very attractive proposal to raise output at its Tyler, Texas refinery.
Delek “had a very attractive proposal” to raise output there, Wright said at the Houston event, according to the outlet.
Wright argues that higher energy supply, including more electric generation and home heating fuel, is the remedy for high prices and near-blackout grid conditions.
"The answer to high prices is more supply to push prices down," Wright said. "The answer to get to the ragged edge of blackouts is more electric generation, more energy for home heating as well."
Wright said the administration hopes Constitution Pipeline construction starts next spring and that it will be in service by winter 2028.
"We hope construction begins next spring," Wright told FOX Business. "We'll want to see this pipeline in service two years from now, as we go into the winter of 2028."
Wright argues that expensive energy is a political choice that impoverishes families, drives out businesses and lowers wages.
So, expensive energy is a choice. It's a choice that impoverishes family families. It pushes businesses out, red jobs and driving down wages. It means to higher costs, lower wages.
Wright announced $42 million in Defense Production Act funds to de-risk early permitting for a new pipeline feeding gas-starved New York power plants.
When it's cold, everyone in New York wants their lights on. They want their home heated. They want their wonderful life. But it gets made very expensive and needlessly expensive because the best power plants in the state are choked off just when they're needed the most. So we're announcing today the Department of Energy is using $42 million from the Defense Production Act.
Wright frames the pipeline funding as a national security matter because military installations in the Northeast cannot rely on uncertain electricity supply.
This isn't a normal energy program. This is about national defense and national security. You can't have all those facilities with an uncertain supply of electricity. The lights might go out at the wrong time.
Wright stresses that natural gas is the dominant power source nationally and regionally, and the bottleneck is pipeline capacity.
The largest source of electricity in New York State by far is natural gas. The largest source of electricity in the New England states is natural gas. The largest source of electricity in our country is natural gas. So what's the problem?
Wright argues that affordable energy is essential to life and that unaffordable energy leads to preventable deaths, especially in winter.
Energy is life. More energy, more life opportunities. less energy, unaffordable energy is poverty, despair, and ultimately death. We have significantly more deaths in our country and around the world in the winter than we have in the summer.
Wright said fuel and diesel prices have fallen in recent weeks and predicted they will keep declining.
"I'm happy they're coming down. They have gone down the last few weeks, as have diesel prices, and they will continue to come down," he said.
Energy Secretary Chris Wright said the US is about to launch construction of its first new refinery in decades.
We're about to launch the FIRST refinery constructed in this country in DECADES!
Wright argued that waiving sanctions on diesel exports pressures Russia, since it can only gain more diesel to export by de-escalating the war with Ukraine.
"This is pressuring Russia. Russia does not have diesel to export," Wright said. "The only way they can get additional diesel to export is if they turn down the conflict with Ukraine."
Wright said the waiver covers only diesel exports, the one product Russia has been unable to export because of its own shortage.
"President Trump waived sanctions just on diesel exports, and what's the one thing Russia has not been able to export over the last month or so? Diesel, because they're short of diesel," Wright said.
Wright insisted the diesel sanctions relief is not softness toward Russia but an incentive to end the war.
"This is not going soft on Russia. This is an incentive to end the war," Wright added.
Wright defends the administration's record, saying active attacks ended within weeks as predicted and gasoline prices fell without approaching $5 a gallon.
And when we discussed in March, I said the conflict part, the active war that we were –– the active attacks we were making would be over in four or five or six weeks, and they were," Wright said. "Gasoline prices did come down. They never got remotely close to $5 a gallon, over $5 a gallon.
Wright says gasoline and diesel prices have fallen in recent weeks and will keep declining.
They have gone down the last few weeks, as have diesel prices, and they will continue to come down. That's what President Trump works on every day,
Wright said fuel and diesel prices have fallen in recent weeks and predicted they will keep falling.
“I’m happy they’re coming down. They’ve gone down the last few weeks, as have diesel prices, and they will continue to come down,” he said.
Wright argues the diesel arrangement does not help Russia, since it currently earns nothing from diesel exports and would only be allowed to export if it changes its behavior.
We are not helping the Russians. They don't export any diesel today, they get $0 for doing that. We are saying if they change behavior and if they can and do export diesel we will allow it to flow to the global markets.
Wright predicts diesel and gasoline prices will be meaningfully lower in a few months.
diesel prices, gasoline prices a few months from now will be meaningfully lower than they are today.
Wright says the timing stems from the Iran threat rather than the election, and expects energy prices to keep falling.
President Trump has taken actions because of the threat from Iran. He is not focused on the election, obviously. But you'll start to see energy prices continue to go down.
Wright characterizes the diesel deal as an incentive to end the war, not an economic lifeline for Russia.
a carrot to try to end a war,
Energy Secretary Chris Wright says President Trump works every day to bring peace and push energy prices lower.
President Trump wants to bring peace to the world and drive energy prices down. He works every single day on that.
Wright said he is not comfortable with current gas prices but expects gasoline and diesel prices, which have fallen in recent weeks, to keep declining.
No, of course I’m not comfortable, but I’m happy they’re coming down. They’ve gone down the last few weeks, as have diesel prices, and they will continue to come down.
Wright clarified that the Graham Act targets countries trading with Russia, such as China and India, rather than Russia itself.
Lindsey Graham Act is not about economic sanctions on Russia. It’s about economic sanctions on countries that trade with Russia
Wright said Trump only suspended enforcement of the sanctions and retains the powers to use them at the appropriate time.
Those powers are all still there for him to be used at the appropriate time
Wright blamed Democratic state and federal policies of the past 15 years for pushing up energy prices.
He also faulted “Democratic policies that at the state level and federal level for 15 years have been focused on raising energy prices.”
Wright argues that easing diesel sanctions pressures Russia, because it can only obtain more diesel to export by toning down its conflict with Ukraine.
This is pressuring Russia. Russia does not have diesel to export. The only way they can get additional diesel to export is if they tone down the conflict with Ukraine.
Wright calls the diesel sanctions relief innovative, saying it targets the product the world needs most and Russia currently cannot supply, giving Moscow a motivation to find a way to export.
This is quite innovative, actually. What does the world need most of all for energy right now? Diesel. What is Russia not able to supply right now? Diesel.