Trump slammed Biden-Harris for the ‘war on energy’ during his 2024 campaign. Now he’s rolling back Biden-era regulations as gas sits above $4 a gallon
A new Trump EPA push would spread the savings out to 2050. Trump says he's "putting American energy back in the hands of the American workers."
During his 2024 campaign, Donald Trump criticized Joe Biden and Kamala Harris, accusing them of waging a "war on energy." He pledged to lower gasoline prices to below $2 per gallon. Now, with gas prices averaging over $4 a gallon, Trump's EPA has proposed easing Biden-era methane rules for oil and gas producers. The EPA claims the proposal could save consumers and businesses up to $45 billion from 2027 to 2050, while also increasing domestic oil production by 210 million barrels and natural gas by 1.41 trillion cubic feet during the same period.
Trump emphasized that his administration would expand fossil fuel production, stating, "We will frack, frack, frack and drill, baby, drill." However, the proposal has faced criticism from experts, with some arguing that excessive compliance costs, particularly for smaller operators and marginal wells, could harm the industry. The EPA is expected to hold a public comment period and a public hearing before finalizing the rule, which is not set to take effect before the upcoming midterms.
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