President Trump is asserting a major push to increase U.S. oil and gas production, declaring an energy emergency during his campaign, with promises of executive orders.
Declaring an energy emergency, Trump emphasizes that "liquid gold under our feet" will help in making the nation rich again and spur economic growth.
Many Americans feeling the impact of inflation are responding positively to Trump's promise of reversing Biden's climate policies, linking them to lower fuel prices.
Economists warn that despite Trump's plans to boost domestic energy production, global oil and gas prices remain largely influenced by external factors beyond presidential control.
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