American industries suffered mightily for years beneath a left-wing political yoke that worked to undermine their operations and profits.
The damage translated to fewer jobs and difficulty to operate under harsh federal and environmental regulations. US government leaders sought to strangle businesses into submission or closing with constant legal and regulatory attacks.
Hope arose with a brash, billionaire business man who turned the political world on its head. That hope led to action as President Donald Trump works quickly to dismantle a failed legacy of anti-American regulations stifling businesses and progress.
Trump is taking a sledgehammer to the previous administration’s legacy, according to ZeroHedge.
Trump’s latest move, ZeroHedge reported, shows he pledged to sign two executive actions that would advance construction of the controversial Keystone XL and Dakota Access pipelines. The actions were revealed Tuesday morning by Bloomberg.
The orders would fulfill campaign promises Trump made to approve both pipelines, which face strong opposition from Democrats and environmentalists, but ardent support from the oil industry and the GOP.
More from Bloomberg:
Keystone was rejected under former President Barack Obama. Trump’s move on Energy Transfer Partners LP’s 1,172-mile Dakota Access project aims to end a standoff that has stalled the $3.8 billion project since September, when the Obama administration halted work on land near Lake Oahe in North Dakota.
The moves, taken on Trump’s fourth full day in office, mark a major departure from the Obama administration’s handling of the controversial oil pipelines. The steps vividly illustrate Trump’s plan to give the oil industry more freedom to expand infrastructure and ease transportation bottlenecks.
The pipelines won’t get underway with just a stroke of Trump’s pen, as ZeroHedge reported.
The two projects require different approvals. Keystone needs a presidential permit to build across the Canadian border, while Dakota Access, developed by Energy Transfer Partners, needs an Army Corps of Engineers easement to build under Lake Oahe.
Both pipelines would bolster oil refineries in the US and continue jobs needed to complete the projects.
If fully built by developer TransCanada Corp., Keystone would run from Alberta, Canada’s oil sands to the Gulf Coast in Texas, bringing heavy oil sands petroleum to refineries. Last month, the Obama administration ordered a comprehensive environmental impact statement to be conducted on the Dakota Access Pipeline before any decision could be made on building its final section below Lake Oahe in North Dakota.
Dakota Access has been the subject of internationally recognized protests that have fired up environmentalists and indigenous rights activists. They say that the pipeline threatens the water supply of the Standing Rock Sioux tribe, and further development of oil infrastructure threatens the climate.
The previous president could easily attack such projects and stop them with his executive actions.
With Trump at the helm, liberal Democrats and their environmental activist cohorts face a Republican-controlled Congress and a president willing to ditch Obama’s left-leaning actions.
Opposition to Trump may intensify from Democrats in Congress, but he’ll have the support of most GOP congressional leaders and people affected by these projects.