President Trump Energy Remarks June 12, 2019

Remarks on Energy by President Trump During meeting with President Duda of the Republic of Poland. Oval Office June 12, 2019

Q Can you — a question — an open question: Can you comment about the energy cooperation? I understand that there is (inaudible).

PRESIDENT TRUMP: So, energy is a tremendous asset that we have. Since I’m President, we became the largest energy producer in the world. And we now are shipping a lot of energy offshore and to different countries. Vietnam just made a tremendous purchase of coal from West Virginia. We’re a tremendous energy producer now in all forms of energy. And it’s actually, within a year — especially if I get certain pipelines built — it won’t even be close. We’ll be double what other countries are.

It used to be Saudi Arabia and Russia; now it’s United States, Saudi Arabia, and Russia. So we’ve made tremendous strides.

Poland is buying a lot of LNG. It’s going to buy billions and billions of dollars’ worth of LNG from us, and we appreciate that.

Q Is it the result of a common initiative, Mr. President?

PRESIDENT TRUMP: That’s right.

Q Mr. President, will you use sanctions to block Nord Stream II — the pipeline from Germany to Russia? From Russia to —

PRESIDENT TRUMP: Well, we’re looking at it. Look, people have a right to do what they want to do. I think it’s a — you know, something that I’ve been looking at and I’m thinking about. And I’m the one that brought up the pipeline problem where you have Russia giving a tremendous percentage of energy. You know this gas is going into Germany. I say, “How can you do that?” So, we’re protecting Germany from Russia. And Russia is getting billions and billions of dollars of money from Germany. I’m the one that brought up the problem.

With that being said, I hope they get along. But Russia is paying 1 percent, as I said. They’re not paying 2 percent. They should be paying much more — Germany. That Germany is paying 1 percent; they should be paying 2 percent. They should really be paying more than that. But we’ll see how that works out.

No, I think this: We have something much better. We have tremendous LNG — liquefied natural gas. And a lot of the European countries are wanting it, including yourselves. I mean, tremendous amounts are being sold to different places all over the world, but also to Europe. And I think that’s really the way, if they want to spend a tremendous amount of money.

I do think this: And I would say, hopefully, nothing will happen. Nothing negative. Hopefully, we’re going to have a great relationship with Russia, great relationship with China and with Germany, and everybody else. But I do think that Germany is putting themselves at a tremendous disadvantage when 50, 60, or 70 percent of their energy is being supplied by Russia. I don’t know how you can do it.

Q (Inaudible) you have the power to block the pipeline. You can just put sanctions.

PRESIDENT TRUMP: Well, Germany — no, no, let me explain it differently. Germany has the power to block it. You know how they block it? By not buying it. I mean, Germany made a decision to buy a tremendous percentage of their energy from Russia. Germany — whether they should be doing that or not, they’re the ones that have the power to block it.

They shouldn’t buy it. Or, if they want to, they can. But that’s really a decision of Germany. I’m not saying that I would be in favor. I think the German people aren’t very happy about it. Because it really makes Germany a hostage of Russia if things ever happened that were bad. Hopefully that will never be — happen.

Above Source: Whitehouse.gov