President Donald Trump&#8217;s energy dominance agenda could raise the United States GDP by up to 1.9% within the next decade, according to a new report.
The White House Council of Economic Advisors released a <a href="https://www.whitehouse.gov/wp-content/uploads/2025/03/The-Economic-Benefits-of-Unleashing-American-Energy.pdf">report</a> on the impact of Trump’s energy policies and deregulation on Thursday. Experts estimated that additional energy production alongside deregulatory policies could bolster economic growth in the United States, growing GDP “by at least 0.56-1.90 percent by 2035.”
“Unleashing energy abundance was key to the historic job, wage, economic, and investment growth that President Trump delivered during his first term,” White House spoeksman Kush Desai told The Daily Wire in a statement. “Energy abundance is again key for President Trump’s second term push to cement America’s dominance in AI and restore our industrial base, and the Administration is committed to pulling every stop to power the restoration of American Greatness.”
The report identified a few key weak points in the United States’ current energy production and distribution system, such as long delays for government approvals, aging infrastructure, and supply chains for critical minerals that run through “unreliable or adversarial sources.” But the United States sits upon a wealth of natural resources that contributed to the country being the “world’s leading producer of petroleum, natural gas, and nuclear power” in 2023.
Earlier this month, a Department of Energy report <a href="https://www.energy.gov/articles/department-energy-releases-report-evaluating-us-grid-reliability-and-security">estimated</a> that blackouts across the United States “could increase by 100 times in 2030 if the U.S. continues to shutter reliable power sources and fails to add additional firm capacity.”
The Trump administration wants to accelerate U.S. energy production in part because the country’s budding AI industry uses massive amounts of electricity.
“By some estimates, executing a ChatGPT prompt can be 10 times more energy intensive than a Google search,” the report states.
By 2030, AI data processing centers in the United States will use more electricity than the “production of aluminum, steel, cement, chemicals and all other energy-intensive goods combined,” according to the International Energy Agency.
With AI development could come meaningful increases in production.
“If half of U.S. businesses engage in widespread use of AI by 2034, the annual productivity growth of labor could be 1.5 percentage points higher starting in 2034 than it would otherwise be without widespread AI adoption. This boost in labor productivity could, in turn, increase GDP growth by 0.4 percent in 2034,” the report states.
The surging demand for electricity by AI data centers could lead to price spikes for energy consumers. In order to prevent that, the report states that the United States needs to build out energy production from relatively inexpensive, reliable sources, such as natural gas.
“[C]ombined-cycle natural gas power plants are currently the lowest-cost reliable power generation option in the U.S., with a levelized cost of energy (LCOE) of about $30 per megawatt-hour,” the report states. The price for energy output from natural gas is much lower than renewables, which the report priced at “$45-$55 per MWh” because of the additional cost of building batteries to ensure reliable energy when solar panels and wind turbines are not able to generate electricity.
The Trump administration is also slowing the retirement of nuclear and coal plants to avoid large gaps in electrical production from lost sources. Other plants, such as Michigan’s Palisades nuclear power plant, may be revived and put back into the U.S. electrical grid.
In addition to protecting, reviving, and building energy production, the administration is also working through a slew of deregulatory plans to streamline government approvals and encourage quicker energy development, including reforms to landmark environmental regulations such as the Clean Water Act and Endangered Species Act.

Donald Trump

U.S. Economy Will Boom Under Trump’s Energy Dominance Agenda, New Report Shows

Department of Energy

Economy

Energy

U.S.

White House

President Donald Trump championed over $90 billion in fresh energy and artificial intelligence investments in Pennsylvania on Tuesday.
Trump led the inaugural Pennsylvania Energy &amp; Innovation Summit, accompanied by top tech and energy leaders, as well as Sen. Dave McCormick (R-PA) and members of his Cabinet.
“This afternoon, 20 leading technology and energy companies are announcing more than $92 billion of investments in Pennsylvania,” <a href="https://x.com/RapidResponse47/status/1945208346836963612">said</a> Trump. “This is a really triumphant day for the people of the commonwealth and for the United States of America.”
“The investments being announced this afternoon include more than $56 billion dollars in new energy infrastructure, and more than $36 billion dollars in new data center projects. And a lot more than that are going to be announced in the coming weeks,” he <a href="https://x.com/RapidResponse47/status/1945212116190756879">said</a>.
The Trump administration has prioritized the development of both AI and energy in a bid to lead the world in the advance of the next major technological breakthrough. The administration has placed special emphasis on the need to compete with China in AI development.
“We’re here today because we believe that America’s destiny is to dominate every industry and be the first in every technology, and that includes being the world&#8217;s number one superpower in artificial intelligence,” the president <a href="https://x.com/RapidResponse47/status/1945211160107655245">said</a>.
“We are way ahead of China,” he added. “I have to say we’re way ahead of China, and the plants are starting up, the construction is starting up.”
The tens of billions in investments to pour into the Keystone State include a $25 billion commitment from Blackstone Inc. Blackstone plans to build AI centers, as well as energy infrastructure to help power those centers.
“What makes us so excited about this area is that you can co-locate the data centers next to the source of power,” Blackstone President Jon Gray <a href="https://www.bloomberg.com/news/articles/2025-07-15/trump-hails-92-billion-in-investments-for-ai-energy-projects">said</a> Tuesday, according to Bloomberg. “The special sauce here is putting these together, because building transmission lines, pipelines — that’s really difficult.”
The Trump administration has leaned hard into increasing fossil fuel energy production in the United States to keep pace with the surging power demand of expanding AI centers. Data centers have increased the pressure on the United States’ already strained grid.
The Energy Department released a report earlier this month <a href="https://www.energy.gov/articles/department-energy-releases-report-evaluating-us-grid-reliability-and-security">warning</a> “that blackouts could increase by 100 times in 2030 if the U.S. continues to shutter reliable power sources and fails to add additional firm capacity.”

Trump Touts Over $90B In Fresh AI, Energy Investment In Pennsylvania

Artificial Intelligence

Pennsylvania

President Donald Trump is slated to meet with tech and energy executives in Pittsburgh on Tuesday, shortly after Google announced a major investment in American energy.
Executives from Google&#8217;s parent company Alphabet, along with officials from Meta, Microsoft, Exxon Mobil, and other companies, will gather at the Energy and Innovation Summit at Carnegie Mellon University, where Trump is expected to join them for discussions on making the United States the world leader in artificial intelligence, Reuters <a href="https://www.reuters.com/sustainability/boards-policy-regulation/trump-joins-tech-energy-executives-amid-ai-push-2025-07-15/">reported</a>. Trump is also expected to announce $90 billion worth of AI and energy investments in Pennsylvania in what Sen. Dave McCormick (R-PA) is calling &#8220;the next industrial revolution.&#8221;
&#8220;We are really creating something unique here in Pennsylvania today,&#8221; McCormick told CNBC. &#8220;There&#8217;s never been a gathering of the CEOs of energy investing and artificial intelligence coming together to talk about how we win the energy revolution and also [how] we win the AI revolution.&#8221;
&#8220;Today, we&#8217;ve got about 60 CEOs of the biggest companies in the world, we&#8217;ve got commitments of more than $90 billion of investment in data centers, in energy production, in transmission, in distribution, and investing in skilled workers,&#8221; he added.
<blockquote class="twitter-tweet">
PA is uniquely positioned to lead— we have abundant energy, an incredible skilled workforce, remarkable technologists and technology, and under President <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a>, we have the right leadership to move forward.
Today, we’re securing over $90 billion of investment in PA. <a href="https://t.co/bWn1bxNEvj">pic.twitter.com/bWn1bxNEvj</a>
— Senator Dave McCormick (@SenMcCormickPA) <a href="https://twitter.com/SenMcCormickPA/status/1945110846390063180?ref_src=twsrc%5Etfw">July 15, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Google announced on Tuesday that it would invest $25 billion in data centers and AI infrastructure in multiple states. The big tech company also announced that it would invest $3 billion in updating two hydropower plants in Pennsylvania to support its growing AI infrastructure, CNBC <a href="https://www.cnbc.com/2025/07/15/google-to-invest-25-billion-in-data-centers-ai-infrastructure-in-pjm.html">reported</a>. Asset management firm Blackstone also announced a $25 billion investment in energy infrastructure in Pennsylvania. The investments come as PJM Interconnection, the largest power grid in the United States, is struggling to keep up with the massive demand from new data centers.
As companies and the government seek a solution to the issue, the Trump administration is considering an executive order to help big tech companies more easily connect to power grids and secure land for their massive AI projects, according to Reuters.
Trump&#8217;s meeting with tech and energy executives also comes as the White House is making progress toward its goal of reducing dependence on China for rare earth minerals, another major economic and national security concern for the administration. Apple <a href="https://www.dailywire.com/news/apple-agrees-to-500m-deal-to-buy-rare-earths-from-american-company-reduce-china-dependence">announced</a> on Tuesday that it agreed to a $500 million deal with MP Materials to purchase rare earth magnets used in iPhones and other products from the American company.

Trump To Meet With Tech And Energy Giants After Google Announces Huge Investment In U.S.

Big Tech

Business

Pittsburgh

Trump Administration

President Donald Trump on Tuesday ripped into “stupid” wind turbines and solar farms for killing wildlife, destroying landscapes, and being inefficient.
The president tore into the green energy industry for over five minutes during a cabinet meeting, attacking wind and solar for being too intermittent and reliant on subsidies to be viable energy sources.
“Wind is a very expensive form of energy. It&#8217;s very bad for your beautiful surroundings, the plains and the valleys and the birds dying all over the place, you know, the whole thing is a disaster,” <a href="https://x.com/factpostnews/status/1942630630325420417">said</a> Trump.
“Those big solar fields, they&#8217;re taking our farmland. Our farmers are, like, mortified by it. They hate it,” he continued. “It&#8217;s very, very inefficient and very ugly, too. You know, probably better than a windmill, but you go around and you see all these things that are 3 miles long by 3 miles wide, and you say, ‘What the hell is that?’ And it&#8217;s a lot of plastic from China. It&#8217;s plastic, black plastic from China.”
China is the global leader in green energy manufacturing with around “60% of the world’s manufacturing capacity for most mass-manufactured technologies,” including solar cells, wind systems, and batteries, according to the <a href="https://www.iea.org/reports/energy-technology-perspectives-2023/clean-energy-supply-chains-vulnerabilities">International Energy Agency</a>.
China has <a href="https://www.nytimes.com/interactive/2025/06/30/climate/china-clean-energy-power.html">invested</a> heavily in renewable energy as it seeks to curb its reliance on oil imports. It also continues to build coal-fired power plants to meet its energy needs and is the world’s largest <a href="https://www.investopedia.com/articles/investing/092915/5-countries-produce-most-carbon-dioxide-co2.asp%5C">polluter</a>.
Trump last signed the landmark “One Big, Beautiful Bill” that included the president’s priorities for his energy agenda, including encouraging fossil fuel development and cutting tax credits and subsidies for green energy.
“We&#8217;ve reintroduced clean, beautiful coal because, you know, you can do a lot with coal now, clean beautiful coal and natural gas and all of the other things that we have. But we don&#8217;t want wind and we don&#8217;t want solar because they&#8217;re a blight on our country,” said Trump. “They hurt our country very badly, and smart countries don&#8217;t use it.”
“We need the kind of thing that&#8217;s going to fire up our plants, and it&#8217;s not going to be wind, you know. It’s very intermittent, as you probably know. But they&#8217;ve spent a fortune. They&#8217;ve spent trillions of dollars on this stuff,” he continued.
Trump ended his monologue expressing regret that “wind” has not proven itself to be a significant source of energy “because it sounds so good, doesn&#8217;t it? ‘Wind, wind.’ But it&#8217;s not.”
It&#8217;s these ugly machines, and they&#8217;re all made – you&#8217;ve got to see – some are a little taller, a little shorter. They&#8217;re made by different companies. They have different stocks. They have different blades. They have different everything. It is so horrible,” said Trump.
“If you look at smart countries, they don&#8217;t use it. Smart countries don&#8217;t use it, and we&#8217;re now a smart country. We&#8217;re a brilliant country. We&#8217;re not smart. We&#8217;re brilliant now. We&#8217;re going to be a brilliant country. We have to be, because we have to catch up for some really stupid people that did a bad job,” he added.

President Trump Skewers ‘Stupid’ Green Energy: ‘Hurt Our Country Very Badly’

Environment

WASHINGTON—During a Senate Judiciary hearing Wednesday, Texas Senator Ted Cruz exposed China’s shady efforts to infiltrate the American energy sector and leave the United States dependent on Beijing for so-called green energy.
&#8220;We are witnessing right now a systematic campaign against American energy,&#8221; Cruz said at the hearing. &#8220;There is a coordinated assault by the radical Left, backed and paid for by the Chinese Communist Party, to seize control of our courts, to weaponize litigation against US energy producers all in order to undermine American energy dominance.&#8221;
Cruz in particular <a href="https://statearmor.org/who-is-energy-foundation-china/" target="_blank" rel="noopener">focused</a> on Energy Foundation China, a group with ties to the Chinese Communist Party. The senator cited a report from State Armor, which found that &#8220;To secure U.S. dependence, the CCP has been co-opting the progressive American climate change lobby to push a transition from fossil fuels and other critical inputs…onto &#8216;green&#8217; technologies controlled by China.&#8221;
By funneling money through the foundation, the report claims, the CCP has funded many climate advocacy groups in America, including the Natural Resources Defense Council, which is well known for its litigious character.
&#8220;Their lawsuits are designed to destroy the American energy industry, which happens to perfectly coincide with the political objective of Senate Democrats to destroy the American energy industry,&#8221; Cruz said.
Cruz continued by exposing the Climate Judiciary Project, which claims to be impartial and uninvolved in litigation, but <a href="https://www.foxnews.com/politics/climate-justice-group-deep-ties-judges-experts-involved-litigation-claims-impartiality" target="_blank" rel="noopener">reportedly</a> trains and supports judges presiding over cases of climate litigation.
Cruz pointed out that Energy Foundation China, which is run by former CCP officials, is funding litigation groups working to flood the courts with cases against American energy companies. These cases then come before judges trained by leftist-funded climate advocacy groups.
&#8220;This three-pronged strategy — foreign funding, mass litigation, and judicial indoctrination — is a full-spectrum assault on American energy independence,&#8221; Cruz said. &#8220;And while China drills and digs, we sue and shut down.&#8221;
&#8220;While China prepares for energy dominance, the American Left prepares to attack our own domestic capability.&#8221;
Ranking Member Senator Sheldon Whitehouse (D-RI) called Cruz’s claims a &#8220;conspiracy,&#8221; arguing that the oil industry’s &#8220;dark money&#8221; schemes were more concerning.
&#8220;The hearing ignores that the fossil fuel industry has, for decades, benefited from secret funding to wage war on the American consumer by making energy more expensive and dirtier,&#8221; Whitehouse said.
Whitehouse also dismissed the claim that China was indirectly providing funds to litigious groups. Energy Foundation China, he argued, seemed focused on addressing Chinese environmental concerns, not advocating for legislative change in the United States.
Whitehouse said, &#8220;Fighting Chinese pollution in China [&#8230;] is a very different thing than having a Chinese conspiracy that funds a litigation group here in the United States.&#8221;
From 2001 to 2020, the EFC has paid out nearly $1.02 billion in grants to hundreds of different organizations seeking climate reform, according to a <a href="https://www.influencewatch.org/non-profit/energy-foundation/" target="_blank" rel="noopener">report</a> by Influence Watch. The Climate Judiciary Project paid an undisclosed amount toward its judicial education programs.
Scott Walter, the president of the Capital Research Center, was among those testifying about the role the CCP might play among American climate lobbyists and judges.
Asked about the motives of the CCP officials who founded Energy Foundation China, Walter said he was &#8220;skeptical that former Chinese communist officials are interested in doing anything that would harm their country.&#8221;

Senate Judiciary Subcommittee Examines District Judges v. Trump

Ted Cruz Exposes China’s Plot To Undermine American Energy: ‘A Coordinated Assault’

China

Ted Cruz

Oil prices rose over 1 percent on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong U.S. demand, and as investors assessed the stability of a ceasefire between Iran and Israel.
Brent crude futures were up 82 cents, or 1.2%, at $67.96 a barrel. U.S. West Texas Intermediate (WTI) crude was up 83 cents, or 1.3%, to $65.20.
On Tuesday, Brent settled at its lowest since June 10 and WTI at its lowest since June 5.
Oil prices rose after June 13, when Israel launched a surprise attack on key Iranian military and nuclear facilities. Prices rallied to five-month highs after the U.S. attacked Iran&#8217;s nuclear facilities over the weekend.
Boosting prices on Wednesday, data from the Energy Information Administration showed U.S. crude, gasoline and distillate inventories fell last week. Crude inventories dropped by 5.8 million barrels to 415.1 million barrels, the EIA said, compared with analysts&#8217; expectations in a Reuters poll for a 797,000-barrel draw.
&#8220;We are looking at big draws across the board,&#8221; said Phil Flynn, senior analyst with the Price Futures Group. &#8220;This type of report can refocus on U.S. supply and demand, and less on geopolitics.&#8221;
Traders and analysts are also seeing some support from market expectations that the Federal Reserve could soon cut U.S. interest rates. Lower interest rates typically spur economic growth and demand for oil.
&#8220;Fed Chair (Jerome) Powell&#8217;s first testimony to Congress (on Tuesday) has hinted at a slight chance of bringing forward the first rate cut of 2025 to July &#8230; which should offer some form of floor on oil prices from the demand side,&#8221; said OANDA senior market analyst Kelvin Wong.
A slew of U.S. macroeconomic data released overnight, including data on consumer confidence, showed possibly weaker-than-expected economic growth in the world&#8217;s largest oil consumer, bolstering expectations of Fed rate cuts this year.
Futures point to nearly 60 basis points&#8217; worth of easing by December.
On the geopolitical front, U.S. President Donald Trump said on Wednesday Israel and Iran are tired but the conflict between the two countries could start again. He added to reporters gathered at the NATO summit that he has not given up on his maximum pressure campaign against Iran, including sanctions against buyers of Iran’s oil, but did suggest once again loosening of sanctions.
A preliminary U.S. intelligence assessment said U.S. airstrikes did not destroy Iran&#8217;s nuclear capability and only set it back by a few months, as a ceasefire brokered by Trump took hold between Iran and Israel.
Both Iran and Israel signaled on Tuesday that their air war had ended, at least for now, after Trump publicly scolded them for violating the ceasefire.
As the two countries lifted civilian restrictions after 12 days of war &#8211; which the U.S. joined with an attack on Iran&#8217;s uranium-enrichment facilities &#8211; each sought to claim victory.
&#8220;While concerns regarding Middle Eastern supply have diminished for now, they have not entirely disappeared, and there remains a stronger demand for immediate supply,&#8221; said ING analysts in a client note.
Oil prices will likely consolidate at around $65-70 per barrel levels as traders look to more U.S. macroeconomic data this week and the Fed&#8217;s rate decision, said independent market analyst Tina Teng.
(Reporting by Stephanie Kelly; Additional reporting by Anna Hirtenstein and Trixie Yap; Editing by Shri Navaratnam, Jan Harvey, Mark Potter, Rachna Uppal, Kevin Liffey and David Gregorio)

FILE PHOTO: A pumpjack operates at the Vermilion Energy site in Trigueres

Oil Prices Tick Up Based On Strong American Demand

This month marks a bleak anniversary for American families — and a perfect illustration of the cost of Joe Biden’s failures. It was just three years ago, in June of 2022, when gas prices in the United States <a href="https://www.eia.gov/dnav/pet/hist/leafhandler.ashx?f=m&amp;n=pet&amp;s=emm_epm0_pte_nus_dpg">hit their highest</a> level in history, topping $5.00 per gallon.
That’s back when the Biden White House tried to make you believe this was all just an unavoidable consequence of global events. While they were <a href="https://bidenwhitehouse.archives.gov/briefing-room/speeches-remarks/2022/06/22/remarks-by-president-biden-on-gas-prices-and-putins-price-hike/">trying to spin</a> “Putin’s Price Hike,” the data told a far more damning story: gas prices started climbing immediately after Joe Biden took office. 
From his first day, President Biden declared war on American energy. He canceled pipelines, froze leases, threatened regulations, and proudly signaled to the world that under his administration, fossil fuels were enemy number one.
Predictably, markets responded. American oil production stalled. Investment dried up. Prices began their climb long before Vladimir Putin moved a single tank. By the time Russia invaded Ukraine, Biden’s energy mismanagement had already paved the way for a full-blown price crisis.
Remember: In early 2022, the Biden Administration’s response to Americans struggling with high gas prices was to <a href="https://x.com/bennyjohnson/status/1501709925168431111?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1501709925168431111%7Ctwgr%5E3f652e74ef31f975ad787de9c56c9e187b56f658%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.foxnews.com%2Fpolitics%2Fclips-of-energy-sec-laughing-off-gas-price-concerns-resurface-as-pain-at-pump-intensifies">simply buy an electric car</a>. As the 2022 midterms approached, Biden faced the political fallout of his own policies.
In response, he didn’t encourage production or unleash American drillers. Instead, he reached for the most cynical tool at his disposal: the Strategic Petroleum Reserve (SPR), America’s emergency oil stockpile.
Designed to be used in times of true national crisis — war, natural disaster, or supply collapse — the SPR was never intended to bail out failing politicians. But that’s exactly what Biden used it for. To try and save his party as midterm elections loomed in 2022, the president opened the spigot and <a href="https://bidenwhitehouse.archives.gov/briefing-room/statements-releases/2022/10/18/fact-sheet-president-biden-to-announce-new-actions-to-strengthen-u-s-energy-security-encourage-production-and-bring-down-costs/">drained nearly 200 million barrels</a> from the SPR, the largest release in American history. He wasn’t trying to fix supply chains or repair his broken energy policy. He was trying to fix polling numbers.
<div id="attachment_937051" style="width: 874px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-937051" class="size-large wp-image-937051" src="https://dw-wp-production.imgix.net/2025/06/GettyImages-1241459724-864x576.jpg" alt="US President Joe Biden speaks in the Eisenhower Executive Office Building in Washington, D.C., US, on Wednesday, June 22, 2022. Biden is asking Congress to enact a three-month gasoline tax holiday, after his administration's previous efforts failed to curb soaring pump prices that weigh heavily on his party's political fortunes. Photographer: Samuel Corum/Bloomberg via Getty Images" width="864" height="576" srcset="https://dw-wp-production.imgix.net/2025/06/GettyImages-1241459724-864x576.jpg 864w, https://dw-wp-production.imgix.net/2025/06/GettyImages-1241459724-300x200.jpg 300w, https://dw-wp-production.imgix.net/2025/06/GettyImages-1241459724-768x512.jpg 768w, https://dw-wp-production.imgix.net/2025/06/GettyImages-1241459724.jpg 1024w" sizes="(max-width: 864px) 100vw, 864px" />Samuel Corum/Bloomberg via Getty Images</div>
In fact, Biden didn’t even bother pretending otherwise. His own White House press releases framed the SPR release as a response to &#8220;Putin’s price hike&#8221; — ignoring, of course, that prices were already surging well before Russian troops crossed the border. And the timing? Pure politics. As the 2022 midterms approached and Democrats faced the real prospect of losing control of Congress, the White House scrambled to ease prices at the pump in a transparent bid to soften voter anger.
The political gamesmanship went even further behind the scenes. In October 2022, as OPEC considered production cuts that would have sent prices soaring once again, Biden administration officials <a href="https://www.cnbc.com/2022/10/13/biden-admin-asked-saudi-arabia-to-postpone-opec-cut-by-a-month-saudis-say.html">secretly begged Saudi Arabia</a> to delay their cuts until after the election. Not reverse the cuts — just delay them long enough to avoid embarrassing headlines before voters went to the polls. The Saudis publicly confirmed the request. The Biden team was never trying to protect American drivers; they were trying to protect Democratic incumbents.
Today, America is paying the price for Biden’s short-term political fix. As war rages in the Middle East — this time with conflict escalating between Israel and Iran — the world sits on the edge of another energy shock. But our emergency reserve, which once held over 700 million barrels, is now dangerously depleted. According to the latest government data, the SPR sits at just <a href="https://ycharts.com/indicators/us_ending_stocks_of_crude_oil_in_the_strategic_petroleum_reserve">over 400 million barrels</a> — barely more than half full. That’s the lowest level in decades. And thanks to Biden’s manipulation, we’re entering this dangerous period with far less of a safety net.
The Strategic Petroleum Reserve was created to give America breathing room during times of global chaos. Joe Biden used it as a campaign slush fund. He drained it to temporarily hide the consequences of his anti-American energy agenda, hoping voters wouldn’t notice the long-term damage. Now, as the world grows more unstable, America is weaker, more exposed, and less prepared — all because one president thought his poll numbers mattered more than the nation&#8217;s energy security.
Joe Biden mortgaged America’s oil security and Left our strategic gas tank dangerously low. The recklessness is breathtaking.
No wonder it’s an anniversary the Left would rather forget.
* * *
Larry Behrens is the Communications Director for Power The Future and is the author of the book, “<a href="https://www.amazon.com/Sabotage-Surrendered-American-Energy-Independence/dp/B0C87HHRJR/ref=sr_1_1?crid=3DVTZR49E34ON&amp;keywords=sabotage+book+larry+behrens&amp;qid=1697814823&amp;sprefix=sabotage+la%2Caps%2C119&amp;sr=8-1" target="_blank" rel="noopener">Sabotage: How Joe Biden Surrendered American Energy Independence</a>.” He’s also appeared on Fox News, Newsmax and One America News. You can find him on Twitter at @larrybehrens or email at <a href="mailto:larry@powerthefuture.com" target="_blank" rel="noopener">larry@powerthefuture.com</a>.
The views expressed in this piece are those of the author and do not necessarily represent those of The Daily Wire.

Strategic Petroleum Reserves Release Ordered By President Biden To Curb Rises Gas Prices

Running On Empty: How Biden Drained America’s Gas Tank

Running On Empty: How Biden Drained America's Gas Tank

Biden Administration

Gas Prices

Oil and Gas

Oil companies

Opinion

Strategic Petroleum Reserve

Prominent community members of Alaska’s North Slope warmly welcomed top Trump administration officials last week while ripping into the prior administration led by former President Joe Biden.
A trio of Trump cabinet officials – Interior Secretary Doug Burgum, EPA Administrator Lee Zeldin, and Energy Secretary Chris Wright – traveled to northern Alaska last week to announce that Biden-era restrictions on oil development in the region would be <a href="https://www.dailywire.com/news/trump-moves-to-unlock-millions-of-oil-rich-acres-in-alaska-from-biden-environmental-rules?author=Tim+Pearce&amp;category=News&amp;elementPosition=15&amp;row=0&amp;rowType=Vertical+List&amp;title=Trump+Moves+To+Unlock+Millions+Of+Oil-Rich+Acres+In+Alaska+From+Biden+Environmental+Rules">rescinded</a>. The cabinet officials met with North Slope residents in Utqiagvik, Alaska.
Inupiat tribal leaders and officials greeted the news enthusiastically, according to video of the meeting obtained by The Daily Wire.
“When we had a similar meeting with the former Secretary of the Interior, that rule was announced after everybody got on the plane and flew out,” said Josiah Patkotak, mayor of North Slope Borough. He added that the prior administration’s rule “was contrary to what the public comment was.”
“Here we are, full transparency from our own secretary, and I think that deserves another round of applause,” Patkotak said after Burgum announced the administration’s intent to scrap the Biden-era restrictions.
Last year, the Biden administration banned oil and gas exploration and drilling across 10.6 million acres in the National Petroleum Reserve of Alaska (NPRA), a reserve set aside decades ago by Congress for future oil development. The administration put tight restrictions on development on another roughly three million acres of the reserve. In total, over half of the roughly 23-million acre reserve was locked to development.
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“Our ask is the same as always: that the North Slope Inupiat be central to discussions and decisions about land use in our region,” said Rex Rock, Sr., the president and CEO of the Arctic Slope Regional Corporation.
“Under the previous administration, as you heard, there were many actions that undermined our people’s self-determination, ignored our voices, and negatively impacted our communities. Their 2024 rule, Management and Protection of the National Petroleum Reserve – Alaska, was not supported by a single entity in our region – and they still chose to implement it,” he said.
“Our region opposed the 2022 NPRA integrated activity plan because it took 50% of the NPRA off the table for development, which impacts the ability of our region to provide services to our people and communities,” Rock added.
Charles Lampe, the current president of the Kaktovik Inupiat Corporation, said that under the Biden administration, the North Slope and its residents “were under attack” by environmental groups. Groups such as <a href="https://www.wilderness.org/wild-places/alaska/oil-drilling-arctic-national-wildlife-refuge">The Wilderness Society</a> have long pushed for federal restrictions on Alaska’s North Slope that would ban development and industry, even in the petroleum reserve.
“On Day 1, President Trump told the Fish and Wildlife Department to deny that request. And that was such an amazing thing for us to be able to see. And we were so proud of our president then because he made sure that our ancestral homelands weren’t going to be stolen, [but] protected,” Lampe said. “So, I really need to bring back this just immense gratitude to President Trump for that action.”
“If the other guy would have won,” said Lampe, refering to former President Joe Biden and former Vice President Kamala Harris, “there&#8217;s no doubt in my mind that our homeland would have been stolen, and there&#8217;s nothing we could have done about it.”

North Slope Borough, Alaska

Alaskan Tribal Leaders Offer ‘Immense Gratitude’ To Trump For Killing Biden Oil Development Bans

Alaska

Chris Wright

Doug Burgum

Lee Zeldin

The Trump administration is rolling back Biden-era regulations that blocked energy development in Alaska’s national petroleum reserve.
The Biden administration restricted oil exploration and drilling across 13.3 million acres of the National Petroleum Reserve of Alaska (APR-A) last year in a move that angered industry, state, and tribal leaders. Interior Secretary Doug Burgum announced Monday that the Trump administration would reverse those rules.
“Congress was clear: the National Petroleum Reserve in Alaska was set aside to support America’s energy security through responsible development,” said Burgum in a <a href="https://www.doi.gov/pressreleases/interior-moves-rescind-2024-rule-alaskas-petroleum-reserve">statement</a>. “The 2024 rule ignored that mandate, prioritizing obstruction over production and undermining our ability to harness domestic resources at a time when American energy independence has never been more critical. We&#8217;re restoring the balance and putting our energy future back on track.”
Alaska’s sole representative in the U.S. House, Nick Begich, celebrated the news.
“Alaska’s right to self-determination is being restored. Thank you @SecretaryBurgum and @POTUS for your leadership and recognizing Alaska’s extraordinary resource potential,” he wrote in a post on <a href="https://x.com/RepNickBegich/status/1929595733591969997">X</a>.
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Last year, the Biden administration issued final rules banning oil and gas drilling across 10.6 million acres in the oil reserve. Over another roughly three million acres, the administration put added protections in place. The rules locked up more than half of the state&#8217;s roughly 23 million-acre petroleum reserve.
The Biden administration also denied the state a permit to build a 211-mile industrial road through the Alaskan wilderness to reach a large copper deposit.
Biden&#8217;s Interior Department cracked down on development in the preserve after the administration approved the Willow Project, an $8 billion oil development project in Alaska. The approval ignited protest against the Biden administration from environmental groups. The administration then cracked down on oil and gas development in Alaska while fuel prices in the United States <a href="https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&amp;s=emm_epm0_pte_nus_dpg&amp;f=m">remained</a> high.
The entire preserve “contains a mean estimate of 895 million barrels of oil and a mean estimate of 52.8 trillion cubic feet (TCF) of natural gas,” according to an Institute for Energy Research <a href="https://www.instituteforenergyresearch.org/wp-content/uploads/2012/10/National-Petroleum-Reserve-Fact-Sheet-DRS-1-2.pdf">fact sheet</a>.
The Department of the Interior on Monday said that former President Joe Biden’s action “exceeds the agency’s statutory authority under the Naval Petroleum Reserves Production Act of 1976.”
“The 2024 rule significantly expanded procedural requirements and created a presumption against oil and gas activity in approximately 13 million acres designated as ‘Special Areas’ unless operators could prove minimal or no adverse effects on surface resources. These provisions not only lack a basis in the Naval Petroleum Reserves Production Act but undermine the BLM’s obligation to carry out an effective and timely leasing program,” the Interior Department said.
President Donald Trump has prioritized developing the United States’ domestic oil and gas resources. He has also marked out Alaska’s resources for development, in particular.
One of Trump’s first moves as president was to <a href="https://www.whitehouse.gov/presidential-actions/2025/01/unleashing-alaskas-extraordinary-resource-potential/">direct</a> a streamlined regulatory process for development in Alaska, covering not just oil and gas, but mining, forestry, fishing, and other industries.

Trump Moves To Unlock Millions Of Oil-Rich Acres In Alaska From Biden Environmental Rules

Department of the Interior

A group of congressional Republicans are celebrating the best conservative policies included in President Trump&#8217;s “big, beautiful bill.”
The Republican Study Committee on Thursday released a list of 50 conservative policy wins tucked into the budget bill that cleared the House of Representatives early Thursday morning.
The list, shared exclusively with The Daily Wire, includes a $5,000 tax cut for American families, the repeal of electric vehicle mandates, and the reversal of the Biden-era order that Medicare cover “gender transition” procedures for minors.
The Republican Study Committee, the oldest and largest conservative caucus in the House, helped advance several of the provisions touted on its list.
“The Republican Study Committee is proud to highlight these fifty monumental victories in the One Big Beautiful Bill,” Committee Chairman August Pfluger told The Daily Wire.
“From slashing taxes by $5,000 per family and securing our border, to unleashing American energy and rebuilding our military, these fifty wins demonstrate that House Republicans are not just keeping promises but fundamentally restoring American greatness in ways that will be felt in every community, every family, and every industry across this nation.&#8221;
READ THE FULL MEMO HERE:
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A key provision in the bill is the allocation of nearly $150 billion in new spending to rebuild the American military. This funding will go toward modernizing the nuclear arsenal and improving the lives of servicemembers who fight for America.
The package also includes the appropriation of $46 billion to complete President Donald Trump’s border wall. Along with the hiring of 10,000 new Immigration and Customs Enforcement (ICE) personnel, 5,000 new Customs Officers, and 3,000 new Border Patrol agents, the completion of the wall will do its part to drastically decrease the danger posed by the immigration crisis.
President Trump pushed for House Republicans to vote in favor of the “big, beautiful bill.” All present Democrats voted in opposition, but it passed with a narrow vote of 215-214. The bill now heads to the Senate.
“We planned and we worked and we locked arms together as a team. And we have delivered this against all odds,” House Speaker Mike Johnson (R-LA) said. “The media has tried to divide us. They’ve written our eulogy about 10 times. And you know what? Sometimes it’s good to be underestimated, isn’t it? But we got this done.”

House Lawmakers Pass Budget Bill Ahead Of Speaker Johnson’s Memorial Day Deadline

Republicans Hail Major Reasons ‘Big, Beautiful Bill’ Is Key To Unleashing ‘Golden Age’

Congress

Politics

Gas prices are projected to hit the lowest level in more than two decades on Memorial Day, according to the fuel price tracker GasBuddy.
The price would be the lowest nominal level since 2021. Adjusted for inflation, the cost would be the lowest since 2003. The price is expected to remain low over the summer, potentially dipping below the $3.00 a gallon mark.
The projected price is a significant drop from where the national average hit a year ago at $3.58. In 2022, the cost of gas over Memorial Day was over a dollar more at $4.60.
“Gas prices are dropping to the lowest in YEARS ($3.08 on Memorial Day, possibly sub-$3 later this summer)!” posted GasBuddy.
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
Summer 2025 calling! 🚗✨🍦
Gas prices are dropping to the lowest in YEARS ($3.08 on Memorial Day, possibly sub-$3 later this summer)!
Where are you heading &amp; what&#39;s your best road trip hack? 👇 <a href="https://t.co/fR2LDX23uY">pic.twitter.com/fR2LDX23uY</a>
&mdash; GasBuddy (@GasBuddy) <a href="https://twitter.com/GasBuddy/status/1924879816781660547?ref_src=twsrc%5Etfw">May 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Nearly seven-in-ten Americans, 69%, plan to take a road trip at some point this summer. That is a slight drop from last summer when 76% of Americans said they planned to take a road trip, according to a GasBuddy survey.
“While we’re forecasting the lowest summer gas prices in years, economic jitters are slightly dampening optimism — but we still expect a robust travel season, with millions of Americans hitting the road, many for extended trips,” Patrick De Haan, head of petroleum analysis at GasBuddy, said in a <a href="https://www.gasbuddy.com/go/summer-travel-2025" target="_blank" rel="noopener">statement</a>.
The drop in gas prices comes as the Trump administration has made lower fuel costs a priority. The administration has taken steps to cut investment in uneconomic green projects such as solar and wind power and encouraged fossil fuel development.
In February, Trump <a href="https://www.whitehouse.gov/presidential-actions/2025/02/establishing-the-national-energy-dominance-council/" target="_blank" rel="noopener">established</a> the National Energy Dominance Council, an inter-agency council headed by Interior Secretary Doug Burgum. Energy Secretary Chris Wright serves as the council’s vice-chair. The council aims to boost fossil fuel production to lower costs for Americans as well as bolster the United States’ economic and national security.
“I’m going to share two words that I do not think that you have heard from a federal official in the Biden administration during the last four years. And those two words are thank you,” Burgum <a href="https://www.cnbc.com/2025/03/15/trump-administration-message-to-oil-and-gas-industry-youre-the-customer.html" target="_blank" rel="noopener">told</a> a gathering of oil, gas, and mining executives in March, making clear the administration’s support for those sectors.
The Trump administration’s approach to energy was a sea change from that of former President Joe Biden. Under the Biden administration, the government saw climate change as an existential threat and poured funding into green energy projects while taking steps to tamp down fossil fuel use.
Fuel prices <a href="https://www.foxbusiness.com/energy/gas-prices-again-doubled-biden-took-office-despite-white-house-claiming-costs-fallen" target="_blank" rel="noopener">surged</a> under Biden. In June 2022, AAA found the national average for a gallon of gas had hit $5.00, the first time AAA had marked that price since it began tracking the price of gas in 2000. Fuel prices remained elevated well over the $2.39 figure that began Biden’s presidency for the rest of his term.

Donald Trump, Doug Burgum

Memorial Day Gas Prices Could Hit Lowest Level In More Than Two Decades

Memorial Day Gas Prices Could Hit Lowest Level In Over Two Decades

Inflation and gross domestic product are both down while investment in the United States surges. And we talk to Secretary of the Interior Doug Burgum about how the Trump administration is unleashing energy development one hundred days into the term.
It’s Thursday, May 1, and this is the news you need to know to start your day.
Morning Wire is <a href="https://www.dailywire.com/episode/investment-up-gdp-down-drill-baby-drill?elementPosition=0&amp;row=2&amp;rowHeadline=Latest+Episodes&amp;rowType=Horizontal+Show+Episodes+Carousel">now available on video</a>! You can watch today’s episode below:
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If you’d rather <a href="https://www.dailywire.com/podcasts/morning-wire?elementPosition=0&amp;row=0&amp;rowHeadline=News+%26+Commentary&amp;rowType=Square+Show+Carousel">listen to the show</a>, it&#8217;s still available in audio wherever you get your podcasts. Today’s edition of the Morning Wire podcast can be heard below:
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<h2>Investments Surge, GDP Slips</h2>
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Topline: American investment is surging despite turmoil around Trump’s tariffs – and the GDP is slightly slipping.
The GDP shrank by 0.3% in the first quarter of 2025, and the Dow Jones Industrial Average dropped about 200 points in response to that news. But if we dig into the numbers the data is mixed – and there are actually some significant positives. During a cabinet meeting on Wednesday, Trump and other administration officials challenged the media’s narrative about the economy, arguing that they are turning Biden’s economy around and that “core GDP” is on the rise.
“I was very against everything Biden was doing in terms of the economy,” Trump <a href="https://www.youtube.com/watch?v=B-1xpqn6z2o">said</a>. “ But we took over his mess in so many different ways… despite what we were handed we turned them around.”
White House trade advisor Peter Navarro broke down how the administration crunched the numbers. He said that a surge in imports and DOGE slashing government waste make the GDP look much lower on paper. “The markets need to look below the surface of that,” Navarro said. “We had a 22% increase in domestic investments. That is off the charts.”
In that same cabinet meeting, Commerce Secretary Howard Lutnick laid out details about how another semiconductor company, which is the main chip supplier for Apple, is building a major manufacturing plant in Arizona. Trump also said he has gotten $8 trillion in new investments in the United States since taking office.
Inflation slowed to its lowest rate since September, and consumer spending increased by $135 billion, or 0.7%. Much of that was Americans buying cars and other big-ticket items, partly to get ahead of Trump’s tariffs. Meanwhile, prices were static in March, and personal incomes rose by $116.8 billion, or 0.5%.
<h2>Drill Baby Drill</h2>
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Topline: The Trump Administration is looking to break America’s reliance on Chinese natural resources by expanding domestic mining and drilling.
The Department of the Interior oversees billions of acres of federal lands and waters and has the power to open up new land for mining and drilling operations. Under the Trump administration, it’s doing just that.
This month, when China announced a ban on the export of several rare earth minerals, Interior Secretary Doug Burgum announced that he would reverse President Biden’s so-called “war on mining” to ensure the United States could begin producing those minerals on its own. 
“Obama, Biden, you know, their whole approach was we&#8217;re gonna shut down mining, we&#8217;re gonna shut down oil and gas development,” Burgum told The Daily Wire. “They really, I’m gonna say, crushed the mining industry, both the extraction of these resources, but also the processing of that…China was happy to have the rest of the Western world stop mining so that they could take control of the markets around these critical minerals, which we need for defense, for technology, for electronics, really for everything today in modern life depends on it. So now in the United States, we&#8217;ve gotta get back in the game.”
Because President Trump made an emergency energy declaration, Secretary Burgum, who’s also the Chair of the National Energy Dominance Council, was able to bypass regulations that typically result in years-long delays on new mining projects. Now, they’ll be approved within two weeks. Burgum told the Daily Wire that overregulation of the mining industry has driven business out of the U.S. — forcing us to be more reliant on countries like China. Burgum says that bringing mining back to the United States will be better for the global environment. 
“We do it cleaner, better, safer, smarter and healthier here in the U.S. because when we attack these resource-based industries, we don&#8217;t reduce the demand. We just shift the supply overseas and they shift it to China, who might be extracting this from in the DRC in the middle of Africa. And they&#8217;re doing it without reclamation. They&#8217;re doing it with, sometimes, slave labor, prisoner labor. They&#8217;re doing it with no emissions control on what they&#8217;re doing. So it&#8217;s worse for the global environment. It helps our adversaries, it hurts our economy, and it&#8217;s horrible for national security.”
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<h2>Trade War Hits U.S. Farmers</h2>
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Topline: President Trump continues to tout his trade policies as China makes quiet concessions, but also cancels significant U.S. agricultural orders.
A report from Reuters published Wednesday says that China has created a list of U.S.-made products that will be exempt from its retaliatory 125% tariffs, in addition to other exemptions it has already made on pharmaceuticals, microchips, and aircraft engines. Behind the scenes, Beijing is apparently privately notifying companies about these latest exemptions – that’s obviously to preserve this posture that China will fight Trump on tariffs to the end. 
Trump has said he’s <a href="https://www.cnbc.com/2025/04/28/trump-xi-tariffs-china-bessent.html">in trade talks</a> with China and that President Xi recently called him. China has denied it and is publicly putting on a bold face. 
“Bowing to a bully is like drinking poison to quench thirst. It only deepens the crisis.” A widely disseminated Chinese propaganda video said earlier this week. “ Make no mistake, the U.S. will keep flip-flopping and playing hardball. But China will stand firm, no matter how hard the wind blows, no matter how clouds rage.”
Last week, China made its largest cancellation of pork orders in five years, halting about 12,000 tons of U.S. pork. The nation has also significantly reduced its soybean order by 97% compared to two weeks ago. For some context, U.S. farmers export more than $176 billion in agricultural products a year. Nearly 10% of that is soybeans and pork for China.

MorningWire_THUMB

Morning Brief: Investment Up, GDP Down, & Drill, Baby, Drill

Farmers

Trade War

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