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President declares national energy emergency, pledges expanded drilling and ends EV mandate

2134058 · January 20, 2025

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Summary

The president declared a national energy emergency, pledged to expand domestic oil and gas production, to refill strategic reserves and said his administration would end the Green New Deal and revoke the electric vehicle mandate.

The president announced a national energy emergency and promised to expand domestic oil and gas production as part of an economic strategy.

“I will also declare a national energy emergency. We will drill, baby, drill,” the president said, adding that the United States holds ‘‘the largest amount of oil and gas of any country on Earth’’ and that his administration would “bring prices down, fill our strategic reserves up again, right to the top, and export American energy all over the world.”

He said his administration would end the Green New Deal and revoke the electric vehicle mandate, saying the moves would protect the auto industry and allow consumers to “buy the car of your choice.” The transcript does not include details about which regulations or rulemaking processes will be revoked, timelines for revocation, or how state-level regulations would be affected.

The president framed the energy steps as tied to a broader plan to reduce inflation and restore manufacturing. The speech did not include technical targets for production increases, leasing schedules, environmental reviews, or budgetary projections for strategic reserve purchases.