Note: Single-source report; awaiting corroboration.
The U.S. Department of Energy reports that under President Trump’s leadership, the nation has entered an era of energy dominance, with record-high production levels and reduced energy prices. Crude oil production reached over 13.6 million barrels per day in 2025, helping the U.S. produce 24 million barrels per day of oil and liquid fuels combined, surpassing Russia and Saudi Arabia. Natural gas output stands at 110 billion cubic feet daily, nearly matching the combined total of Russia, Iran, and China. These increases have contributed to lower gasoline prices, with American drivers projected to spend $11 billion less on gas in 2026 compared to 2022, averaging $2,083 per household annually .
On the regulatory front, the Energy Department announced its largest deregulatory effort, proposing to remove 47 regulations affecting consumer costs, with expected savings of $11 billion. Four conservation standards for electric motors, ceiling fans, dehumidifiers, and external power supplies were withdrawn to ease regulatory burdens and lower expenses for consumers. Since January 2025, 27 deregulatory actions on appliance and equipment standards have avoided about $254 million in annual costs for consumers and businesses. The department has also authorized LNG export capacity exceeding that of the world’s second-largest exporter, aiming to boost domestic prosperity and international energy security .
The agency reports progress on restoring the Strategic Petroleum Reserve after prior withdrawals. Prices for propane, kerosene, firewood, and fuel oil have decreased since the Trump administration took office, attributed to its energy policies and the Working Families Tax Cut .