US Energy Secretary Chris Wright discusses declining national average gas prices under President Donald Trump, stresses the need for reliable energy in the face of new demands like artificial intelligence and more on Kudlow.
Americans are relieved at the pump as the national average for regular gas fell to $2.99 on Monday, AAA reported — the first time prices have fallen below $3 in more than four years.
US Energy Secretary Chris Wright says this decline is not a coincidence Fox Business “Kudlow” That “there’s nothing better than saving money” at a time when families are struggling with costs.
“Every week you fill your tank, you have more money in your pocket to buy gifts for your kids and pay your bills,” Wright said. He added: “This is what happens when the American people elect a president who cares about his wallet, who cares about the American people and not special interests or climate crazies or whatever the interest may be.” [is] Democrats are trying to appease. “President Trump has focused solely on the American consumer.”
“Imagine if [Kamala] If Harris wins the election, where will gasoline prices be today? He wondered how American consumers would feel? These are political choices. These are not unfortunate facts. “They are political choices to make energy more expensive.”
Experts say the energy abundance will rebalance America as demand reaches record levels nationwide
The energy leader’s comments came a day before the US national average price of a gallon of gas fell to just under $3 for the first time since May 2021. According to AAA.
A person pumps gas at a Valero gas station on June 30 in Austin, Texas. (Getty Images)
States with gas prices at the lowest levels between $2.40 and $2.67 include Texas, Louisiana, Arkansas, Oklahoma, Colorado, Iowa, Wisconsin, Kentucky, Tennessee, Alabama and Mississippi. States facing the highest prices — $3.20 to $4.54 — include Pennsylvania, Washington, Oregon, Idaho, Nevada, California, Arizona, Alaska and Hawaii.
“I think we’ll get to $2 a gallon. We can break that at some point. I’d like to do that,” President Donald Trump said of the national average gas price during a news conference Tuesday. “We could have done this more easily if we had not built the strategy [Petroleum Reserve]Which Biden emptied.”
President Donald Trump talks affordability and gas prices during Tuesday’s Cabinet meeting.
Trump continued: “They actually lowered it to the lowest level in history, I think.” “But now our prices for energy… and gasoline are really low. Electricity goes down, and when that goes down, everything goes down.”
last time Gas prices in the United States If this level had been low, there would have been a cyberattack on the colonial pipeline, the Biden administration would have just begun its withdrawal from Afghanistan, and COVID-19 vaccines would have become widely available.
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second. Wright insisted that work was underway to further boost domestic oil and gas supplies.
He pointed out, “We will see an increase in production during the next six to twelve months outside the Gulf of America. If you look carefully at the oil production data in the United States as a whole at the present time, you will find that it is about one million barrels per day higher than it was 12 months ago.” “So, even with lower oil prices, we are seeing more development. Common sense has returned to the city.”
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2025-12-02 18:51:00
