David Holt - President of Consumer Energy Alliance Joins Houston's Morning News

Episode Transcript

Speaker 1 (00:00):
All right, we're kind of assuming, right, So starting on
day one, that's going to be the Trump administration policy
joining us to talk about David Whole, President of Consumer
Energy Alliance. I guess, David, we know where President Trump
stands on this. But there are going to be states
that are probably going to be fighting back with lawsuits,
don't you think. Oh?

Speaker 2 (00:20):
I think so states and local jurisdictions. But you know,
the President of elect has been very clear that energy
is the cornerstone, the first thing he wants to do
to really get the economy going again. Lower inflation, drive jobs,
just drive economic growth and put more money in americans pockets.

Speaker 1 (00:39):
So what you expect to see happen on day one?
Do you think he's going to reopen up some of
these areas that were shut down by the Biden administration,
some of these federal lands that we're not allowed to
drill on right now.

Speaker 2 (00:50):
Yeah, I think that's going to be part of it.
He's going to go through and look at all the
you know, the really the regulatory red tape and over
regulation that's occurred in the last several years. That's probably
something he can do fairly quickly. Things that the previous
administration did with the executive order things that he can
do and undo with executive order. He'll look at ways

(01:10):
to get the Gulf of Mexico going again that's really
effectively been shut down. He'll look at ways to you know,
kind of streamline the process for pipelines and transmission lines,
things that you know. Frankly, the States and these anti energy,
anti industry industrial growth groups continue to sue over and
litigate and just slow down and raise prices. So every

(01:31):
time you see somebody suing to prevent an energy project,
what you're really seeing is someone that's trying to raise prices.

Speaker 1 (01:37):
I thought it was really interesting that some of the
European leaders and even the President of China are talking
about buying American energy. Now they're be evidently working to
get back in the energy game in a big way, you.

Speaker 2 (01:50):
Know, exactly right. So this energy, this liquefied natural gas
slow down that the Biden administration has done has really
been one of the more confusing things. Because clean natural
gas produced here in the United States that we can
send to our friends in Europe, that we can send
to Asian markets, one reduces emissions because you're you're not
relying on Russian oil or natural gas, which is higher

(02:13):
emitting and worse they're in the environment, but it also
helps that, you know, it's a kind of the global security.
And it was great to hear the European Union say
we were ready to buy American natural gas. And that's
really one of the things that the President Trump could
do very quickly to roll back, to slow down in
LNG exports with the United States.

Speaker 1 (02:33):
David Holts with US he's president of the Consumer Energy Alliance.
Let me ask you about, you know, some of the
tax incentives that the federal government has put out there
for for things like electric vehicles, for solar energy. You know,
certainly here in Texas we've seen our fair share wind
farms that have gone up, win you know, turbines because

(02:55):
there's there's tax credits for doing that. Do you think
some of those some of those philosophies, some of those
programs may be reversed, as we may be tradition back
to a more traditional source of power.

Speaker 2 (03:06):
Absolutely. I think the President elect has said a couple
of times that this ev mandate that the Biden administration
has done with an executive order will be one of
the first things he rolls back so you know, electric
vehicles they should be a choice. If if drivers want
an electric vehicle, they should be able to buy electric vehicle.
But this, the mandate that this administration has put down

(03:29):
is really draconian, and the grid can't support it. They're
not enough charging stations. The evs are very expensive, so
you know, for the average American, EV is just really
maybe not the right choice. So it's good to see
that choice brought back in. So all these all these
types of regulations are things that this administration is going
to look at. Are the upcoming administration is going to

(03:50):
look at very hard. And there's things that they could
do very quickly.

Speaker 1 (03:53):
Yeah, all the things the Trump administration does that we've
learned that they can do things very very quickly. And
I'm sure that they are already sitting down writing legislation,
writing executive orders as we speak to go into a
factors news he takes office. How quickly would you expect
to see some of these changes in energy?

Speaker 2 (04:09):
You know, I think very quickly. It is. It is,
like I said, it's been one of the main things
that he's talked about on the campaign trail as the
main driver to lowering bread prices, to lowering egg prices
to lowering this inflation that we're seeing across the board.
But I mean, if you just think about eggs, for example,
there are four or five different places along the distribution

(04:32):
from the time the egg is hatched to the time
it gets to the grocery store that require energy. If
energy prices are higher, then five different places that distribution
from eggs to the to the farm to the grocery
store is more expensive. So if you lower energy prices,
you lower egg prices. So they're gonna they're gonna move
very quickly. And I think he's made that very clear.

Speaker 1 (04:55):
All right, David Holt, thank you as always, Sir, appreciated.
David hole President of Consumer Energy the Alliance. It's five
fifty six