Interestingly at the same time as a massive natural gas investment by Petronas collapses in Canada due to energy policy and economic conditions surrounding weak LNG prices, the U.S. Energy Information Administration highlights that U.S. coal exports are roaring back.  Yes, elections have real economic consequences.
U.S. EIA data shows a gain of 60.3% so far this year in exports of both steam coal (used to generate electricity) and coking coal (metallurgical coal used for steel manufacturing) as a direct consequence of President Trump’s common sense energy policy.

Interestingly, the largest destinations for the growth in American coal export are the U.K. (+175%) and a doubling of tonnage to both France (+100%), and Asia (+100%).  High transport costs to ship coal to the EU are being offset by U.S. coal manufacturing efficiencies and improvements in mining productivity.
Additionally, while the actual end user for coal shipments to the EU are difficult to track, it is reasonably anticipated that some European countries are preparing to offset their reliance on Russian energy with storage of steam coal for next winters high demand season.
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Everything President Trump is presenting within the America-First economic plan is connected.  As President Trump and his economic and national security team confront N-Korea, via China’s enabling, the economic dynamic underlines the framework.

Always remember, each part of the message is connected to each other part of the policy.

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[Transcript] My fellow Americans, Here at the White House, we are dedicating the month of July to three of our favorite words – MADE IN AMERICA. For more than two centuries, those three beautiful words have been the world standard for quality, craftsmanship and excellence – and they still are today.

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U.S. Jobs Growth exceeded expectations in June by adding 222,000 jobs. Well beyond the anticipated 170,000 original forecast.   The government also revised up its estimate of job growth for April and May by a combined 47,000.

However, the economic dissonance is still evident within the fed analysis:

[The] cycle of limited wage gains and low prices has kept inflation in check, to the consternation of the Fed, which wants to see slightly higher inflation to justify its campaign to raise short-term rates. (link)

As we previously shared there’s a predictable inability of federal economists to understand what happens when executive administrative policy reverses course and establishes the benefit to Main Street, ie. the middle-class, over Wall Street. The feds cognitive dissonance is evidenced because modern economic theory cannot reconcile the space between two economies, Wall Street and Main Street.

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Secretary of State Rex Tillerson and Treasury Secretary Steven Mnuchin outline the past 48 hours of diplomatic discussions within the framework of the G20.

**Remember** as you read this transcript, e.v.e.r.y.t.h.i.n.g eventually boils down to economics and the seismic geopolitical shifts currently underway.  (See Bottom for Important Detail)

[Transcript] 7:18 P.M. CET – SECRETARY MNUCHIN: Hi, everybody. I just want to highlight very briefly, and then Secretary Tillerson will go on, and then afterwards we’ll both answer a few questions.

But President Trump has had a very, very significant few days. I think, as you know, we went to Poland on Wednesday. In Poland, he met with 12 different leaders. We had bilats with Croatia and with Poland, as well as 10 other leaders at the Three Seas Conference where we talked about energy — the importance of the energy markets, the importance of supplying independent energy, infrastructure and opportunities there. I think, as you know, the speech which was just incredibly well-received, is part of our “America First But America Not Alone.”

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Sharing only because CTH readers have a more thorough understanding than most; and we are entering a phase of extreme consequence.

Donald Trump doesn’t bluff.

Bluffing is for those who accept they may or may not win.  The outcome is based on an unpredictable response from the opponent.

In business or in life, go review the decades of available information and you will see that Donald Trump, now President Trump, doesn’t bluff.  It’s one of the reasons he so openly owns the downsides.  It’s also the reason he has never engaged in the stock market.

President Trump controls outcomes.

Donald Trump the person, doesn’t wait for an entity, ally or opponent to enter his orbit. He greets them at the perimeter.   Trump doesn’t sit with his back to the door, he positions to see all upon entrance.   Donald Trump doesn’t try to hide his interest, he’s quite open about any engagement he is focused upon.

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President Trump is drawing attention to something many people are overlooking.  Smart tweet to draw attention to gas prices.  Good strategy to highlight “Winning”.

Trump Energy Plan Expanded HERE

March Executive Order HERE – $20 Billion for Eleven New Refineries Announced HERE

Do you plan on driving this Independence Day?

President Obama July 4th 2012 -vs- President Trump July 4th 2017

“Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.”

Steven Chu [2008], Barack Obama’s Secretary of Energy

“Drill baby, drill.”

Rick Perry [2017],  Donald Trump’s Energy Secretary

Check your local area gas prices HERE

We outlined the significance of this yesterday.  Today President Trump delivers a speech (video and transcript below) outlining the entire energy initiative, and what is currently underway to fundamentally change the way the entire energy sector is actualized within the U.S. economy and beyond.

President Trump and Energy Secretary Rick Perry, together with EPA Secretary Scott Pruitt and Interior Secretary Ryan Zinke, are doing something with energy independence that was long discussed but never acted upon.  Forget the Paris Climate Treaty, this Trump action on energy development is in a stratosphere thought almost unimaginable.

Together the entire cabinet has studied, formulated and instituted an executive American energy policy platform to go beyond mere energy independence, and actually start using energy resources as an export commodity for economic growth.

Pause for a moment and consider just how monumental that approach actually is; and also overlay the independent national security ramifications therein.  Oddly enough, we predicted this possibility two years ago.

The intensely consequential outcome is a visible representation of ‘America-First’ principles applied to deliver MAGA level shifts in the future of our nation.  Massive possibilities for wealth creation at local and state levels; and simultaneous national security interests. Win – Win – Win… And yet stunningly this result is only in one sector of national security and national economics. (more…)

President Trump and Energy Secretary Rick Perry, together with EPA Secretary Scott Pruitt and Interior Secretary Ryan Zinke, are doing something with energy independence that was long discussed but never acted upon.  Forget the Paris Climate Treaty, this Trump action on energy development is in a stratosphere thought almost unimaginable.

Together the entire cabinet has studied, formulated and instituted an executive American energy policy platform to go beyond mere energy independence, and actually start using energy resources as an export commodity for economic growth.

Pause for a moment and consider just how monumental that approach actually is; and also overlay the independent national security ramifications therein.  Oddly enough, we predicted this two years ago.

[…]  Trump has proposed continued investment and exploration of “clean coal” technology using the vast coal mine resources in the Appalachian Range throughout West Virginia and into Pennsylvania. Trump has proposed energy export leverage (oil, coal, natural gas) as part of the larger Trade-deal packages.

The U.S. can negotiate a resurgence of U.S. manufacturing with lower fully developed energy costs, a competitive advantage; and simultaneously our abundant resources in energy fuels also provide trade leverage (standards and tariffs) through energy export.

With a fully utilized energy sector, the U.S. can also use the accompanying economic growth to invest in alternative resource development such as nuclear, solar and wind. The costs of alternative fuel research and development become underwritten by the expansive use of current resources. (link)

The intensely consequential outcome is a visible representation of ‘America-First’ principles applied to deliver MAGA level shifts in the future of our nation.  Massive possibilities for wealth creation at local and state levels; and simultaneous national security interests. Win – Win – Win… And yet stunningly this result is only in one sector of national security and national economics.

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Before the Cedar Rapids MAGA rally, President Trump visited Kirkwood Community College for a speech on agricultural innovation with governor Terry Branstad and Agriculture Secretary Sonny Perdue.

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