• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Energy Sec. Wright outlines Day 1 priorities: Refilling SPR, promoting ‘energy addition, not subtraction’

by February 5, 2025
written by February 5, 2025

Energy Secretary Chris Wright has outlined eight ‘Day 1 Priorities’ he aims to accomplish, several of which he laid out in his inaugural address at the Energy Department headquarters Wednesday. 

Wright, the CEO of Colorado oilfield services company Liberty Energy, said he will prioritize refilling the Strategic Petroleum Reserve (SPR), modernizing the U.S. nuclear stockpile, streamlining federal permitting for energy development, and abiding by the mantra: ‘Advance energy addition, not subtraction.’

In his remarks at the department’s building near Pierre L’Enfant Plaza in Washington, D.C., Wright spoke about his childhood love of science and how that focus led him to pursue work in the field.

Wright said he met President Donald Trump about a year ago, and the two businessmen connected over their support for unleashing American energy prowess and highlighting how U.S. energy dominance positively affects many other aspects of life.

Wright said Trump had a ‘simple vision’ that ‘energy is good and that we need more’ of it, particularly domestically-sourced.

‘So we just connected. And he asked me, ‘Would you be secretary of energy?’ And I said, ‘Boy, if I’m asked to serve my country, I don’t have to think about that one.”

He called the Energy Department the gem of the American government and said he has long been entranced by contemporary advancements in the field, from German chemist Otto Hahn splitting the atom in 1938 to Adm. Hyman Rickover creating the first nuclear-powered machines in submarines.

‘I want to better energize our country, strengthen our country, advance science… and get the politics out of all of this.’

‘Energy is not political: it is the basic infrastructure that allows us to live great lives, to allow whatever our dream is, whatever our vision is,’ he said.

Wright added that there is no such thing as clean or dirty energy, and that in reality, there is ‘no free lunch’ when it comes to the byproducts of the production process: ‘It’s about tradeoffs.’

Other ‘day one’ priorities Wright has outlined include a return to ‘regular order’ on liquefied natural gas exports.

Wright has been a longtime advocate of hydraulic fracturing – famously going as far as drinking fracking fluid to prove environmentalist critics wrong about its effect on nature.

Pennsylvania and North Dakota are epicenters of fracking, while New York retains the subterranean resources to do so but is under a statewide ban.

Wright has also pledged to strengthen the power grid’s reliability and security.

There have been blackouts occasionally in recent years from overtaxed grid areas, notably in California around 2001. 

There have also been security threats to energy transmission, including from a Catonsville, Maryland, woman who conspired to destroy the region’s power grid.

Then-FBI Director Christopher Wray said Sarah Beth Clendaniel ‘plotted to disable the power grid around the entire Baltimore region’ in 2018, after becoming acquainted with a Florida man who espoused White supremacist ‘accelerationist’ ideologies.

Under Wright’s tenure, the Energy Department also plans to promote home appliance affordability and choice – a break from the Biden administration’s efforts to restrict usage of gas stoves.

Former President Joe Biden also spent part of the nation’s SPR in what critics called a bid to assuage energy price spikes for political purposes. Wright said he would promote the refilling of the SPR, as well as modernize the U.S. nuclear stockpile, Fox News has learned.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
USPS resumes shipments from China in abrupt about-face
next post
Trump not committing to putting US troops on the ground in Gaza, White House says

related articles

Trump DOJ to begin handing over Epstein files...

August 22, 2025

TikTok isn’t enough to stop Gen Z from...

August 22, 2025

Zelenskyy seeks ‘strong reaction’ from US if Putin...

August 22, 2025

Trump administration wins Supreme Court fight to slash...

August 22, 2025

Pentagon unveils new medal for troops deployed in...

August 21, 2025

Federal judge rules Trump appointee Alina Habba is...

August 21, 2025

‘Maine’s Mamdani’: Maine GOP chief issues warning about...

August 21, 2025

‘There are 50 swamps’: State Freedom Caucus Network...

August 21, 2025

Trump-aligned legal group probes Biden-era organ transplant program...

August 21, 2025

NATO defense chiefs stress commitment to Ukraine, discuss...

August 21, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Trump indicates he won’t make another presidential run in 2028 if unsuccessful this time

    September 23, 2024
  • Top 5 moments from Pete Hegseth’s Senate confirmation hearing

    January 14, 2025
  • Experts warn Iran could have a nuclear bomb before the next president takes office

    September 6, 2024
  • Former Trump official slams UN reform efforts as ‘eight and a half years late’

    May 2, 2025
  • Iran’s Africa activities pose ‘significant threats to US national security’

    July 27, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,785)
  • Investing (634)
  • Stock (893)

Latest Posts

  • Kavanaugh cites 3 presidents in explaining Supreme Court’s ballooning emergency docket

    August 1, 2025
  • Boeing sweetens offer to union as strike enters second week

    September 24, 2024
  • ‘Draconian’ and dangerous: Former Trump nat sec advisor sounds alarm on Biden-era DOJ’s plans for Google

    May 1, 2025

Recent Posts

  • SPWR Stock: Risks and Opportunities for Buyers and Sellers

    September 12, 2024
  • Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion

    May 15, 2025
  • Russia is supplying Houthis with satellite data to attack ships in the Red Sea: report

    October 25, 2024

Editor’s Pick

  • Alex Soros in hot seat after left-wing outlet exposes what his dad’s network thinks of his online footprint

    April 26, 2025
  • Musk says the European Commission offered X a secret illegal deal

    July 12, 2024
  • Paramount merger sparks concern among movie theater owners

    July 10, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock