Myers began her early morning press conference on the blustery deck of the big rig, flanked by the CEOs of Chevron, Shell, ConocoPhillips, ExxonMobil, Baker Hughes, and Halliburton, along with the rig’s oil-begrimed crew of roughnecks, roustabouts, and derrickhands, some of whom were sitting high in the superstructure. Against Jeffers’s recommendation, Myers excluded all members of Congress, wanting to keep the event as apolitical as possible.
Myers wore blue jeans and steel-toed workboots along with a denim shirt and a white hard hat that sported an American flag on the front. The sounds of a working rig—turbines, drills, hammers, chains, and ocean wind—filled the air. A crisp morning sun rose just above her shoulder. It was an image of hardworking Americans beginning a brand-new day.
“My fellow Americans. First of all, let me express my deepest condolences to the families of the three firefighters who lost their lives last night battling the oil fires down in the Houston area. Because of their brave sacrifice, along with the heroic efforts of all of our first responders, National Guardsmen, and military units, the fires have been finally contained. Our nation is grateful to all of you for your courage and skill, and I want to thank each of you personally for what you have accomplished. I have been told that the fires will be completely extinguished by noon tomorrow, local time.
“Second, let me assure you, my fellow citizens, that we’re monitoring events very closely at home and around the world. The catastrophe in Houston has caused crude oil prices to spike, which in turn threatens to throw our economy—along with the rest of the world’s—back into a recession, or worse. This morning I am signing an executive order that puts a temporary freeze on all environmental regulations related to oil exploration, drilling, production, and refining, as well as removing all restrictions on drilling on federally protected lands. I am clearing the path for the construction of new oil and gas refineries as well. It’s time for ‘Drill, baby, drill!’”
The rig crew roared with approval. Grinning CEOs clapped and hollered.
“This same executive order applies to the American natural gas and coal industries as well. I am also opening the strategic petroleum reserve and clearing the way for the Keystone Pipeline construction to begin immediately. In short, I am declaring America’s energy independence today. Before the end of my first term, America will no longer be an energy importer, which means we will stop funding global terrorism at our gas pumps. By 2020, I intend for the United States to be the world’s largest and most profitable energy exporter, creating tens of thousands of new high-skill, high-paying, high-tech energy jobs this year and every year that will refuel and replenish the next American century.”
Another round of raucous applause and cheers rang out.
“Third, I want to assure the American people that national security is of the utmost importance to my administration. The horrific violence inflicted upon the Mexican people as a result of the drug wars has now crossed our borders and as many of you know, that violence has touched my own family in the recent past. Thousands of federal, state, and local law enforcement officials are on the hunt for these narcoterrorists at this very moment, and I promise you, they
The steel platform thundered with cheers and shouts of “USA! USA! USA!” as Myers smiled and waved at the adoring rig crew.
Within eleven minutes of Myers’s press conference, the Dow Jones futures had reversed their steeply downward trend. Trading was resumed.
By the time Myers landed back in Houston an hour later, the Dow had climbed back into positive territory, and when her plane touched down at Andrews Joint Air Force Base at 1:14 p.m. EST, she was greeted with the unbelievable news that the spot price of oil had simmered back down to just $102 a barrel.
Because oil prices had responded so favorably to her new energy policy, the Dow actually began screaming upward and reached a new market high for the year. Investors were betting heavily that a new American renaissance had just been launched and that an era of prosperity and job growth appeared to be just around the corner. Foreign markets followed suit.
Jeffers read the economic headlines out loud, straight off of the Internet feeds as