States brace for Trump's push to make oil drilling cheap again

The recent coverage on President Trump’s plan to make oil drilling more affordable tends to overlook the realities faced by states heavily reliant on oil and gas revenues. Critics argue that reducing royalty rates could strain budgets, particularly in New Mexico. Yet this framing misses a crucial point: affordable energy is vital for economic growth, not only for states but for the nation as a whole.

Rather than merely viewing such initiatives through a fiscal lens, let’s recognize the underlying impact on job creation and national energy security. Lower drilling costs enhance the competitiveness of American energy, enabling states to thrive. Moreover, federal royalties should not be seen as a mere budgetary line item but as a means to bolster our energy independence and support local economies.

Prioritizing fairness in energy policy means ensuring that American workers and communities benefit from the abundant resources our nation has to offer. In this context, it's essential to focus on creating an environment that encourages investment and innovation while safeguarding our long-term interests. The principle at stake is not just revenue but ensuring a sustainable and prosperous future for all Americans.