Of all the goals President Trump has set in his norm-shattering second term, the goal of restoring what he calls America’s “energy dominance” may be the closest to realization. Global progress toward what the Biden administration hailed as the energy transition to a net-zero future has been largely derailed, and, as the Journal reported Monday, developments in the U.S.-dominated Western Hemisphere are increasingly shaping global energy markets.
The result won’t be exactly what Mr. Trump expected. More new oil and gas production is likely to come from Canada, Guyana, Argentina and Brazil than from the U.S. Nevertheless, the geopolitics of energy are shifting in Washington’s direction even as fossil fuels appear poised to play a larger role than green climate campaigners hoped.