Trump’s promises on energy, one year in : NPR
Key Points:
- President Trump's promise to cut Americans' energy bills in half has seen mixed results: gasoline prices are down about 20% due to global oversupply and OPEC+ decisions, but U.S. oil drilling has decreased as low prices discourage new wells.
- Despite lower oil prices benefiting consumers, U.S. oil companies have not increased production significantly, as current crude prices under $60 per barrel make drilling less profitable, leading to tension between the administration and the oil industry.
- Electricity costs have continued to rise in 2025, driven primarily by higher natural gas prices, an aging power grid, and the costs of natural disasters, with nearly one-third of U.S. households struggling to pay utility bills.
- The Trump administration's energy policies have