UNLEASHING THE GOLDEN ERA OF ENERGY DOMINANCE AND LOWERING PRICES
With President Trump and Secretary Wright's leadership, the Energy Department has ushered in an unprecedented era of energy dominance, resulting in record energy production and more affordable prices.
- Thanks to President Trump, gas prices are at a 5-year low averaging about $2.80/gal. Savings for the American people amounted to over $500 million this past Christmas.
- Never before in America's history has our Nation been more energy dominant: Thanks to President Trump's policies, America leads the world in oil and natural gas production, producing at all-time records.
- The U.S. now produces more oil than Saudia Arabia and Russia combined at 24.2 million barrels per day.
- The U.S. now produces as much natural gas as Russia, Iran and China combined at 108 billion cubic feet per day.
- On Day One, President Trump directed the Energy Department to end the Biden LNG export ban, delivering prosperity at home and peace abroad. Since January, The Energy Department has approved more LNG export capacity than the volume exported today by the world's second-largest LNG exporter.
- Since President Trump took office, prices for propane, kerosene, firewood and fuel oil are all down.
- Thanks to President Trump and the passage of the Working Families Tax Cut, the Energy Department is refilling and repairing the Strategic Petroleum Reserve (SPR) after the Biden administration recklessly drained and damaged it for political purposes.
- In May 2025, the Energy Department announced the largest deregulatory effort in the department's history, proposing the elimination of 47 regulations driving up costs for consumers, estimated to save Americans $11 billion in costs.
- In March 2025, the Energy Department withdrew four conservation standards, including standards on electric motors, ceiling fans, dehumidifiers and external power supplies, cutting red tape, restoring consumer choice and lowering costs for the American people.
- Since January 2025, DOE has completed 27 deregulatory actions related to appliance and equipment standards that represent approximately $254 million annually in avoided future first costs to consumers and businesses.
For more information
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