President Donald Trump has already saved Americans billions of dollars at the gas pump, less than one year into his second term – with even more savings likely on the way.
As prices soared across the board during the Biden administration, families felt the pinch most when they stopped to fill up their tank. Almost immediately after taking office, Biden canceled the Keystone XL pipeline, a move that killed thousands of jobs in addition to making fuel more expensive. He also placed a “moratorium on new oil and gas leasing on federal lands and waters,” which accounts for “nearly 25 percent of U.S. oil and gas production,” according to the Center for Strategic and International Studies, and launched a regulatory assault on the oil and gas industry.
As a result of these policies, gas prices skyrocketed, eventually climbing above $5 per gallon. As of this Christmas, however, with Trump back in office, the average price for a gallon of gasoline nationwide had plummeted to $2.79 per gallon, the lowest in four years.
But perhaps the most outrageous part of Biden’s policies was the fact that he inherited a historically good situation from President Trump. As a Senate Republican Policy Committee report pointed out in 2022, Biden fumbled an easy touchdown on the one-yard line. “As of June 6 [2022], the national average cost for a gallon of gasoline was $4.88, an increase of more than 100% from the week Joe Biden took office, when it was $2.39 per gallon,” the report noted.
It was obvious to most Americans that higher gas prices were a feature, not a bug, of Biden’s agenda. During his 2020 campaign, Biden made clear that he was all-in on the left’s efforts to force Americans to abandon gas-powered cars and purchase electric vehicles. What better way to accomplish that goal than engineer a massive spike in gas prices?
But since Trump took office, he has reversed these costly policies while putting money back into the pockets of working Americans.
Over Christmas week alone, Americans saved an estimated $500 million on fuel costs thanks to Trump. Total savings since Trump took office amount to tens of billions of dollars.
The lower prices are a result of a Day One strategy by Trump “to unleash America’s affordable and reliable energy and natural resources.” An executive order signed moments after Trump took the oath of office revoked Biden’s costly green energy mandates and ordered federal officials to promote energy independence.
Trump followed this up with a “national energy emergency” declaration, which slashed permitting time for new oil projects from years to just under a month.
“We are cutting through unnecessary delays to fast-track the development of American energy and critical minerals—resources that are essential to our economy, our military readiness, and our global competitiveness,” Secretary of the Interior Doug Burgum said in April. “By reducing a multi-year permitting process down to just 28 days, the Department will lead with urgency, resolve, and a clear focus on strengthening the nation’s energy independence.”
As a result of these changes, the country set a new record for domestic oil and gas production in 2025. The Department of Energy reported in December that the U.S. now produces more oil than Saudi Arabia and Russia combined at 24.2 million barrels per day.
The gains are expected to keep coming as the administration continues to create more supply. The One Big Beautiful Bill (OBBB) signed last July “reopened millions of acres for offshore oil and gas leasing and requires at least 30 offshore lease sales each year from 2026 to 2039,” Representative Craig Goldman (R-TX) explained recently in The Daily Signal.
“These reforms will jump-start domestic energy production and help deliver lower energy costs for families and businesses,” Goldman predicted.
He contrasted the Trump administration’s approach with that of Biden. “In 2022, President Joe Biden canceled all the remaining offshore lease sales in the Gulf of America and Alaska,” Goldman wrote. “Only after pressure from a federal court and Congress did the Biden administration authorize one lease sale every two years in the Gulf of America.”
In contrast, Trump is opening up millions of acres of land for responsible exploration in Alaska.
These smart policies, taken together, are leading experts to predict oil prices will continue to drop in 2026.
The United States Energy Information Administration “forecasts the Brent crude oil price will be about $55 per barrel on average in the first quarter of [2026], down from $69 per barrel [in 2025],” as reported by Houston Public Media. The price of gasoline for cars is tied to the Brent crude price, translating to big relief at the pump.
Other experts agree with this prediction.
“There’s going to be a steady pressure on crude oil to be lower in price,” Ramanan Krishnamoorti, a University of Houston scholar, told the school’s public news station. “A lot more supply is coming online.”
Lower gas prices benefit not only drivers, but also everyone in the economy, according to a Rice University researcher.
“Not only do they impact the pocketbooks of gasoline consumers, households, families, they also play a significant role in driving consumer and business confidence as well as, you know, the approval ratings of politicians who are in office at the time,” Mark Finley told Houston Public Media.
Trump’s playbook is simple, but effective: cut regulations, open up land for drilling, and promote energy independence. America has been blessed with abundant natural resources, and the country deserves to benefit from them.
As gas prices continue to fall, the price of everything else will follow. “Affordability” was Democrats’ favorite buzzword in 2025, but they may soon find that Republicans have the upper hand on that issue thanks to President Trump.
Matt Lamb is a contributor for AMAC Newsline and an associate editor for The College Fix. He previously worked for Students for Life of America, Students for Life Action, and Turning Point USA. He previously interned for Open the Books. His writing has also appeared in the Washington Examiner, The Federalist, LifeSiteNews, Human Life Review, Headline USA, and other outlets. The opinions expressed are his own. Follow him @mattlamb22 on X.
We can only wait and see what will happen at the upcoming midterms. Prices are falling but if the voters don’t realize who is providing this relief and continue to follow the hollow rhetoric of MSM, the situation will go back to the evil agenda of the Leftists.
Thankfully Elon and President Trump have resolved any problems between them and with Elon’s ability to reach millions with all the great accomplishments from this administration, people will be educated and encouraged and vote for the continuation of President Trump’s policies.
Yes I remember when Trump left office the first time the price of regular unleaded gas in my area was $1.89 per gallon and that was with full state tax applied per gallon. When Biden came in to office the price skyrocketed to close to $4.00/gallon. Now currently in the range of $2.29 to $2.60 per gallon. Seems like a lot of fluctuation of prices but looking forward to some future stability. Last price saw was $2.43/ gallon.
The reason many do not believe that Trump is lowering costs is that they only watch or listen to radical liberal media. I know because I have relatives who only watch news on the big three networks. They say they hate the major conservative channels/stations and if you ask why, they have no answer. We need to make sure the GOP spells out with valid numbers how much Trump has done for us in such a short time. If the Republicans do not win in the mid-terms, we may as well kiss our Democratic Republic good-bye.
Under Walking Corpse Biden’s regime gas prices in many sanctuary Blue cities peaked at over $7.00/gallon, and remained at $5.50+ through his devastating 4-year nightmare of America’s destruction.
EVERY MAGA and OTHER INTELLIGENT VOTERS MUST VOTE IN THE MIDTERMS AND IN 2028 ELECTIONS.
But if they make the fatal mistake and choose to stay home during the midterms AND 2028 elections, they might as well switch over to the new DemoRAT Socialist Communist party.
WHY? Because every illegal alien, every person on government assistance, and felons will be out voting (MULTIPLE TIMES).
AND we certainly can’t forget that the Democrats will try to DELAY sending out military ballots and then DELAY counting the returns. In addition (and as always) the Democrats will have filled out hundreds of thousands of ballots for the homeless and for dead people whose names have already collected and continue to be gathered from cemeteries across the country.
CHEATING IS THE ONLY WAY DEMORATS CAN WIN NATIONAL ELECTIONS.
Uhhhh, not in Washington state. We have taxes and more taxes and even more taxes that don’t pay for what they were supposed to, like road maintenance, transit, bridges, nope. None of that.
Not here in blue state Oregon! It is nice t pay $3.15 instead of $3.89 but still. Worst run state I have EVER lived in.
In a matter of days, Joebama FUBARed our country economically. Not long after, he turned our military in pansy platoons. Thank you for this reminder of how our country was on the brink of collapse under butthead Biden, and how President Trump is Making America Great Again!!! WE CANNOT BE COMPLACENT WITH THE MIDTERMS APPROACHING!!!
Not in blue, way over taxed Washington State. Sadly, the gas price of $4.99 is holding steady. And eggs are at or above $8 per dozen. I am glad prices are better in other states. Wish it was here. It is the same in other Democrat controlled states. How can anyone vote Democrat??
Didn’t Obama warn us to be prepared to pay 10dol. a gallon ?
All true Americans need to be very grateful to President Trump for his great leadership of our country! The Democratic Party and all of their allies who want to criticize President Trump are several things Jealous and ashamed!
Unfortunately, too many people have memory problems and will forget how high the prices of gas and eggs were during the Biden administration. They have moved on from realizing that relief to complaining about the price of beef and poultry. We need to remind them of the drop in gas prices.
Not in California, shutting down refineries, eliminating supply and special California only gasoline makes this place the highest gasoline in the nation. Eliminating CARB California Air Resources Board mandated fuels would solve this debacle.
In an interview then President Obama was asked about what his goal was for the price of gas at the pump. He responsed about 10 dollars, BUT to be increased incrementally in gradual price boosts. Because of global warming and carbon emissions. Joe Biden carried out that wish. Remember that when voting for Democrats.
On the Day of Joe Biden’s Inauguration, the gas prices in Chautauqua County, NY were at $2.33. I told my wife get ready for a huge increase, which did happen. For the past year (first year of TRUMP’s term), the prices have remained at $3.39 and have not dropped one penny! I keep reading about claims of gas prices falling, but NOT HERE!