This summer, gas prices have hit the lowest national average since 2021.
Prices dropped to $3.155 per gallon since last week, the American Automobile Association (AAA) reported on Friday.
“Prices at the pump keep dropping thanks to President Trump unleashing American energy,&#8221; White House Assistant Press Secretary Taylor Rogers told The Daily Wire. &#8220;President Trump ended Joe Biden’s reckless war on American energy, and he’s making life more affordable for families as a result.”
As of Friday, the nation&#8217;s <a href="https://gasprices.aaa.com/state-gas-price-averages/">highest gas prices</a> are in California, where the average cost is at $4.499 per gallon. Hawaii and Washington were the only other states above $4 per gallon, averaging $4.475 and $4.386, respectively. Mississippi has the country&#8217;s cheapest gas, averaging $2.72 per gallon.
“Summer gas prices are the cheapest they have been in four years thanks to consistently low crude oil prices this year,&#8221; AAA Spokesperson Kellan Howell told The Daily Wire. &#8220;Crude oil supply is currently outweighing demand.”
In June 2022, midway through the Biden administration, AAA found that for the first time since it began tracking prices, the national average for a gallon of gas had reached $5.00. Fuel prices remained elevated for the remainder of former President Joe Biden&#8217;s term, well above the $2.39 figure that marked the start of his presidency.
Gas prices <a href="https://www.dailywire.com/news/inflation-creeps-up-as-trump-prepares-major-tariff-rollout">ticked</a> up 1% in June, according to the most recent Consumer Price Index report. But prices have remained low this summer, despite tensions in the Middle East.
The Trump administration has taken steps to prioritize lower fuel costs. The recently passed &#8220;One Big, Beautiful Bill&#8221; encourages fossil fuel development and cuts tax credits and subsidies from green energy. The administration has said, &#8220;Having efficient, reliable, and affordable energy is the key to American security.&#8221;
The Department of the Interior just <a href="https://www.doi.gov/pressreleases/interior-ends-preferential-treatment-unreliable-subsidy-dependent-wind-and-solar">announced</a> plans to &#8220;[end] preferential treatment for unreliable, subsidy-dependent wind and solar energy.&#8221; The department will end subsidies for wind and solar energy to &#8220;[level] the playing field for … clean coal and domestic natural gas.&#8221; Wind and solar projects will now undergo &#8220;elevated review&#8221; before being approved.
The Trump administration also <a href="https://www.dailywire.com/news/end-the-government-bias-against-coal-trump-signs-order-to-bolster-floundering-american-industry">announced</a> plans to slash regulations and expedite leases for coal mining. A new coal mine in Tennessee was <a href="https://www.doi.gov/pressreleases/new-coal-mining-permit-approved-tennessee-boost-americas-energy-independence">approved</a> thanks to &#8220;expedited environmental review&#8221; procedures.

Travelers Ahead Of Memorial Day Weekend

Trump Admin Cheers Lowest Summer Gas Prices In Years: ‘Unleashing American Energy’

Gas Prices

Oil and Gas

Politics

Trump Administration

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

Energy

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

U.S.

A recent <a href="https://urldefense.com/v3/__https:/www.nature.com/articles/s41586-025-08751-3__;!!PxibshUo2Yr_Ta5B!2LALwW8yKFqPNNaA4xXEG09tMo1LJOZHia3Jgm7nU6ZE2ryt10HNdFNWxTyNT2EeduoQsiTJDKD96FyneHnhD7cM$">study</a> published in the academic journal Nature has been making headlines, claiming that if it were not for major oil and gas companies producing energy between 1991 and 2020, the world would be $28 trillion richer.
Study authors Christopher Callahan, a Stanford University postdoctoral scientist, and Justin Mankin, a Dartmouth College geography professor, authored the study, which was never peer-reviewed and uses a laughably absurd methodology developed by activists whose goal is to do the pseudo-science grunt work for climate change lawsuits against energy producers.
Single events <a href="https://urldefense.com/v3/__https:/www.ipcc.ch/report/ar6/wg1/chapter/chapter-11/__;!!PxibshUo2Yr_Ta5B!2LALwW8yKFqPNNaA4xXEG09tMo1LJOZHia3Jgm7nU6ZE2ryt10HNdFNWxTyNT2EeduoQsiTJDKD96FyneCyPoFvO$">cannot</a> be attributed to climate change. Nevertheless, the study goes far beyond the ridiculous in its attempt not only to pin blame solely on individual energy producers but to attach a specific dollar amount to each company. Using dubious assumptions and their unsound “end-to-end” methodology, the authors cooked up an implausible correlation between individual companies and singular weather events alleged to have been caused or exacerbated by global warming. The bogus conclusions are then broken up into specific price tags and assigned to various energy producers.
Chevron, for example, is accused of being responsible for “heat-related losses” totaling $3.6 trillion from 1991 to 2020. Damages assigned to ExxonMobil amounted to $1.91 trillion during the same period, while the tally for Saudi Aramco came to $2.05 trillion. Together, the study blames the world’s energy producers for $28 trillion in damages. It would be an understatement to say that neither the study, nor its underlying assumptions, nor its conclusions should be accorded any credibility.
Given the elaborate contortions necessary to arrive at the study’s obviously preconceived conclusions, one might wonder what the motivation was to concoct it in the first place. The authors leave an enormous clue in their acknowledgements, in which they lavish <a href="https://urldefense.com/v3/__https:/www.nature.com/articles/s41586-025-08751-3*Ack1__;Iw!!PxibshUo2Yr_Ta5B!2LALwW8yKFqPNNaA4xXEG09tMo1LJOZHia3Jgm7nU6ZE2ryt10HNdFNWxTyNT2EeduoQsiTJDKD96FyneHYs_i-c$">praise</a> upon individuals associated with the notorious law firm Sher Edling LLP for their help with the study. Sher Edling was created for the sole purpose of waging lawfare with the intent to financially destroy energy companies. While Sher Edling has worked with states and municipalities in initiating dozens of lawsuits attempting to set climate policy in courtrooms, none to date have been successful.
If just one of the firm’s lawsuits succeeds, it is expected to take up to a 30% chunk of an award estimated to be in the billions of dollars. Because the firm is <a href="https://urldefense.com/v3/__https:/freebeacon.com/wp-content/uploads/2024/10/2024.10.07-Sher-Edling-Memo.pdf__;!!PxibshUo2Yr_Ta5B!2LALwW8yKFqPNNaA4xXEG09tMo1LJOZHia3Jgm7nU6ZE2ryt10HNdFNWxTyNT2EeduoQsiTJDKD96FyneMLb-kWH$">bankrolled</a> by millions of dollars in dark money funneled through far-Left organizations, its attacks are limitless — and so is its ability to buy studies supporting its conclusions and the fat payday they covet. Sher Edling has acknowledged commissioning made-for-litigation studies before. Named partner Vic Sher described working with scientist-for-hire Richard Heede during a 2017 talk at UCLA. That study, much like the new Nature research, purports to connect major energy providers with specific emissions activity.
A more honest study would have acknowledged the truly beneficial role that energy plays in our economy and everyday lives. We depend on fossil fuel energy for everything from the quality of our lives to our national security. It is so dependable that we rarely even consider that everything we eat, wear, buy, or sell depends on energy. It’s there to take us places and to cool and heat our homes. Smart devices, paint, asphalt, and plastic containers are just a few objects in our daily lives made from petroleum. The study would be more credible if it concluded the truth: that fossil fuels have contributed trillions of dollars in value and made human flourishing possible.
Several legacy news outlets — many of which <a href="https://urldefense.com/v3/__https:/justthenews.com/politics-policy/energy/media-provide-no-scrutiny-study-claiming-oil-companies-made-world-28__;!!PxibshUo2Yr_Ta5B!2LALwW8yKFqPNNaA4xXEG09tMo1LJOZHia3Jgm7nU6ZE2ryt10HNdFNWxTyNT2EeduoQsiTJDKD96FyneDRJ0tH9$">accept funds from anti-fossil fuel advocacy organizations</a> to write about global warming — reported on the Nature study while failing to note its utterly discrediting connection to Sher Edling. As we move into the warmer summer weather, we can expect more such studies and uncritical news stories.
Studies lacking basic integrity like the one published in Nature are why President Trump’s recent executive order “<a href="https://urldefense.com/v3/__https:/www.whitehouse.gov/presidential-actions/2025/05/restoring-gold-standard-science/__;!!PxibshUo2Yr_Ta5B!2LALwW8yKFqPNNaA4xXEG09tMo1LJOZHia3Jgm7nU6ZE2ryt10HNdFNWxTyNT2EeduoQsiTJDKD96FyneCG8TS0c$">Restoring Gold Standard Science</a>” is so timely and important. That standard holds that reproducibility, rigor, and unbiased peer review must be maintained. It demands that federal decisions be informed by only the most credible, reliable, and impartial scientific evidence available. Absolutely nothing about the Nature study meets the gold standard of science.
* * *
The Honorable Jason Isaac is the Founder and CEO of the American Energy Institute, a trade organization that unapologetically champions free markets and American energy. Previously, he served four terms in the Texas House of Representatives.
The views expressed in this piece are those of the author and do not necessarily represent those of The Daily Wire.
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Senate Lawmakers Return To Capitol Hill After The Weekend

Made-For-Court Climate Study Completely Fails Science Gold Standard

Climate Change

Court

ExxonMobil

Global Warming

Ivy League

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

Donald Trump

American auto giant General Motors is shifting its focus away from electric vehicle motors and back toward torque and horsepower.
GM said on Tuesday that it is scrapping its $300 million EV motor production plan at its Tonawanda engine plant in Buffalo, New York, and will instead invest $888 million in producing the sixth generation of V-8 engines, The Wall Street Journal <a href="https://www.wsj.com/business/autos/general-motors-to-invest-888-million-in-propulsion-plant-23ea7636?mod=hp_lista_pos5" target="_blank" rel="noopener">reported</a>. V-8 engines are typically used in full-size trucks, SUVs, and high-performance sports cars, such as the Chevrolet Corvette. The Detroit-based auto manufacturer hopes to roll out production of the new engines at the Buffalo plant in 2027.
The automaker is returning to focus on gas-powered engines as demand for EVs falls short of expectations, and state and federal governments ease pressure on requiring EV production. Last week, New York said it would pause penalties for shortfalls in EV production for two years, according to <a href="https://www.reuters.com/business/autos-transportation/gm-invest-least-800-million-engine-production-new-york-facility-sources-say-2025-05-27/" target="_blank" rel="noopener">Reuters</a>. The Republican-led U.S. Congress is also poised to <a href="https://www.dailywire.com/news/senate-votes-undo-biden-era-waiver-california-enabling-gas-car-ban?author=Daniel+Chaitin&amp;category=News&amp;elementPosition=undefined&amp;row=0&amp;rowType=Vertical+List&amp;title=Republicans+Set+To+Block+California%E2%80%99s+%E2%80%98Radical%E2%80%99+Gas+Car+Ban" target="_blank" rel="noopener">overturn</a> the Biden administration&#8217;s move that allowed around a dozen blue states, including New York, to ban the sale of new gas-powered cars by 2035.
GM said the new generation of V-8 engines will improve performance while reducing emissions. The $888 million investment also includes updating machinery, equipment, tools, and facilities, according to the WSJ. New York Democratic Gov. Kathy Hochul said the investment will support 870 jobs, including protecting nearly 180 jobs believed to be at risk. The state government will also hand out $16.96 million in tax credits to GM in return for the investment in New York.
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GM&#8217;s massive investment in New York also comes as President Donald Trump pushes auto manufacturers to produce more vehicles and parts in the United States. GM CEO Mary Barra touted the commitment in Buffalo as a way for the company to invest in American manufacturing. In April, following Trump&#8217;s tariff on foreign auto imports, GM <a href="https://www.dailywire.com/news/gm-to-increase-truck-production-in-u-s-as-trumps-auto-tariff-goes-into-effect?row=0&amp;elementPosition=undefined&amp;rowType=Vertical+List&amp;author=Zach+Jewell&amp;title=GM+To+Increase+Truck+Production+In+U.S.+As+Trump%E2%80%99s+Auto+Tariff+Goes+Into+Effect&amp;category=News" target="_blank" rel="noopener">announced</a> that it would ramp up production of light-duty trucks at its assembly plant in Fort Wayne, Indiana.
A few weeks later, the auto company said it would <a href="https://www.dailywire.com/news/general-motors-to-cut-back-on-manufacturing-at-canada-plant-over-trump-tariff?author=Zach+Jewell&amp;category=News&amp;elementPosition=undefined&amp;row=0&amp;rowType=Vertical+List&amp;title=General+Motors+To+Cut+Back+On+Manufacturing+At+Canada+Plant+Over+Trump+Tariff" target="_blank" rel="noopener">cut back</a> on production at its truck plant in Ontario, Canada, likely resulting in around 750 workers getting laid off.

Chevrolet Corvette

GM Pumps Brakes On EV Motor Production, Invests Nearly $1 Billion In V-8 Engines

Auto Companies

Electric cars

electric vehicles

General Motors

Kathy Hochul

New York

Tariffs

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.
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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>
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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

A massive explosion at a strategic Iranian port killed at least 14 people and injured 750 others on Saturday, prompting authorities to declare a state of emergency in the coastal city that serves as a vital shipping hub for the Islamic Republic.
The explosion occurred at the port of Bandar Abbas in southwestern Iran, sending a massive plume of thick gray smoke into the air, with footage showing the blast originating in what appears to be a warehouse facility, according to videos <a href="https://www.cnn.com/2025/04/26/middleeast/iran-bandar-abbas-port-explosion-intl/index.html">geolocated</a> by CNN.
Iranian government spokeswoman Fatemeh Mohajerani indicated the explosion likely involved chemical containers, stating that they were stored in a “corner of the port that likely contained chemicals which exploded.”
However, she cautioned, “Until the fire is extinguished, it&#8217;s hard to ascertain the cause.&#8221;
Interior Minister Eskandar Momeni confirmed that six people remain missing as firefighters battle the blaze amid challenging high winds.
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BREAKING: Massive explosion hits the Iranian port of Bandar Abbas <a href="https://t.co/PDNvcmCVOi">pic.twitter.com/PDNvcmCVOi</a>
— BNO News (@BNONews) <a href="https://twitter.com/BNONews/status/1916063449383153959?ref_src=twsrc%5Etfw">April 26, 2025</a></blockquote>
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The state-controlled oil company denied responsibility for the explosion, with state media company IRIB reporting that the explosion took place in the chemical and sulfur section of the port.
The blast caused widespread destruction, shattering windows within a radius of several kilometers and leaving buildings at the port complex severely damaged, with reports indicating some people may be trapped in collapsed structures.
Iranian President Masoud Pezeshkian has <a href="https://x.com/drpezeshkian/status/1916111653445284183">ordered</a> an investigation into the incident and dispatched the interior minister to the region to &#8220;examine the dimensions of the accident&#8221; and conduct &#8220;a comprehensive assessment&#8221; to prevent similar incidents in the future.
Health authorities have advised citizens to remain indoors, avoid outdoor activities, and keep windows closed due to significant air pollution concerns, while many Iranians were seen lining up at health centers to donate blood for the injured.
The now-decimated facility is a critical infrastructure asset for Iran, spanning 2,400 hectares with 35 shipping berths and handling approximately 70 million tons of cargo annually, including oil shipments and general cargo, per CNN.
Regional governor Mohammad Ashouri Taziani confirmed that injured people were being transferred to local medical centers in Bandar Abbas, while the port has been closed and all maritime operations suspended until further notice.

TOPSHOT-IRAN-PORT-EXPLOSION

Massive Explosion Rocks Major Iranian Port, Killing 14 And Injuring 750

Explosion

General

Iran

Middle East

World

The Trump administration on Tuesday announced new sanctions against two Iranian petroleum magnates who use their business to funnel revenue to the Iranian regime — one of whom was caught last year attempting to export cargo to China from off the coast of Houston.
Petroleum magnate, Seyed Asadoollah Emamjomeh, his son Meisam Emamjomeh, and his corporate network — now sanctioned by the Trump administration — are responsible for shipping hundreds of millions of dollars worth of liquified petroleum gas (LPG) to foreign markets, <a href="https://home.treasury.gov/news/press-releases/sb0093">according</a> to the Treasury Department. LPG is a large source of revenue for the Iranian regime, which funds regional terrorist proxy groups including Hezbollah, the Houthis, and Hamas.
The sanctions come as the Trump administration <a href="https://www.dailywire.com/news/heres-what-you-need-to-know-about-saturdays-nuclear-talks-between-the-u-s-and-iran?author=Kassy+Akiva&amp;category=News&amp;elementPosition=1&amp;row=0&amp;rowType=Vertical+List&amp;title=Here%E2%80%99s+What+You+Need+To+Know+About+Saturday%E2%80%99s+Nuclear+Talks+Between+The+U.S.+And+Iran" target="_blank" rel="noopener">attempts to negotiate</a> a nuclear deal with the Iranian regime while also keeping up its maximum pressure campaign. The sanctions were announced by the Treasury’s Office of Foreign Assets Control (OFAC) and are in line with Executive Order 13902, which targets those operating in certain sectors of the Iranian economy.
“Emamjomeh and his network sought to export thousands of shipments of LPG—including from the United States—to evade U.S. sanctions and generate revenue for Iran,” Treasury Secretary Scott Bessent said in a statement. “The United States remains committed to holding accountable those who seek to provide the Iranian regime with the funding it needs to further its destabilizing activities in the region and around the world.”
Under the sanctions, &#8220;all property and interests in property of the designated persons described above that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC,&#8221; according to the Treasury Department. All transactions by American citizens or within the United States that involve any property or interests in property of designees are prohibited. Violations may result in civil and criminal penalties, according to OFAC.
OFAC added that its power comes from its ability to both add and remove people to a sanction list, stating that “the ultimate goal of sanctions is not to punish, but to bring about a positive change in behavior.”
Emamjomeh, who is based in Iran, and Meisam, a UAE-based British-Iranian, have owned and operated an LPG sales, transportation, and delivery network through multiple companies in Iran and the UAE for over a decade, according to the Treasury Department.
TINOS I, a large gas carrier vessel in the network, attempted to load LPG off the coast of Houston, Texas, to sell to China in June 2024, according to Lloyd’s List, which <a href="https://www.lloydslist.com/LL1153240/EXCLUSIVE-How-an-LPG-tankers-maiden-voyage-ended-with-the-US-sanctioning-a-sprawling-Iranian-gas-network" target="_blank" rel="noopener">took credit for alerting</a> American authorities about the ship when it was en route to Houston.
According to the maritime news outlet, TINOS I, built in 2024, was on its maiden voyage before sitting at anchor following Lloyd’s list asking authorities for comment. Pearl Petrochemical told Lloyd’s List that it received a license from OFAC but did not specify if it was permitted to lift cargoes in the United States.
Until October 2024, Emamjomeh owned UAE-based Pearl Petrochemical FZE, the beneficial owner of TINOS I, before ownership passed to Meisam.
&#8220;Emamjomeh also owns or controls nine additional LPG companies in Iran, including, reportedly, one company with a monopoly on the National Iranian Gas Company’s LPG deliveries,&#8221; the Treasury Department reported. &#8220;Meisam acts as director and chief executive officer (CEO) of United Kingdom-based Worldwide LPG Limited, while also serving on the board of directors of many of Emamjomeh’s Iran-based companies.&#8221;
One of Emamjomeh’s UAE-based companies, Caspian Petrochemical FZE, is &#8220;part of a network that has exported thousands of shipments of LPG from Iran to Pakistan and [has] conducted tens of millions of dollars in business on behalf of Persian Gulf Petrochemical Industry Commercial Co. (PGPICC).&#8221;
PGPICC has been designated by OFAC since July 2019 for being owned or controlled by Persian Gulf Petrochemical Industries Company (PGPIC), which was also designated on the same day for providing financial support to Khatam al-Anbiya, the engineering conglomerate of Iran’s Islamic Revolutionary Guard Corps (IRGC).
Emamjomeh’s designation is the consequence of his operating in the petroleum sector of the Iranian economy. The designation will extend to several of the companies he owns or controls, including Caspian Petrochemical FZE, Parsa Fidar Paydar Engineering and Technology Company, Nilgon Parsa Caspian Shipping Company, Arsa Gas Company, Pasar Gas Company, Petro Parsa Caspian Iranian Company, Pasar Gas Novin Trading Company, Parsa Salakh Qeshm Industrial Complex, Parsa Trabar Caspian International Transportation Company, and Parsa Trabar Persia International Transportation Company.
Meisam and his Pearl Petrochemical FZE and Worldwide LPG Limited are also being designated, according to the Treasury Department&#8217;s announcement, on similar grounds. The TINOS I will be identified “as property in which Pearl Petrochemical FZE has an interest.&#8221;

Iran To Meet Own Gasoline Needs After Persian Gulf Star Refinery Expansion

Trump Sanctions Iranian Petroleum Magnate Caught Trying To Move Oil From Texas

Iran Nuclear Deal

Sanctions

Scott Bessent

Over the past decade, the climate change movement has morphed into a social and political juggernaut that has weakened and exploited America’s institutions. Its success stemmed from two strengths: it fused science with ideology, creating a quasi-religious fervor — think Just Stop Oil or Extinction Rebellion.
The climate movement also won over the legacy media, which thrives on fear, sensationalism, and a bias toward statism. This alliance resonated with those favoring bigger government and tapped into a primal fear of looming catastrophe — a narrative amplified by widespread ignorance of energy and climate systems. For power-hungry politicians, climate catastrophism became their golden ticket to more influence and control.
Backed by legacy media cheerleaders and an academia dominated by Left-leaning statists, the movement snowballed, especially among the young.  Recent debates and polling shifts suggest some improvement in public understanding, but the damage has been substantial. 
The climate change story, however, rests on shaky scientific and moral ground. The climate has always fluctuated — warming and cooling in cycles — and always will. CO₂, while a greenhouse gas, is a minor player compared to water vapor and solar activity — not the villain it’s painted to be. History shows species thrive in warmer periods and struggle in colder ones.
As Bjorn Lomborg points out, over the past century, climate-related deaths have <a href="https://x.com/BjornLomborg/status/1885310861264199688" target="_blank" rel="noopener">plummeted by 99%,</a> with cold still claiming more lives than heat. The science simply doesn’t support the panic.
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Your risk of dying from climate-related disasters dropped 99% since 1920. 
This is because richer societies are much more resilient to disasters 
Read more in my peer-reviewed article: <a href="https://t.co/CC0h7JKIKv">https://t.co/CC0h7JKIKv</a> <a href="https://t.co/hQPpXF2AS2">pic.twitter.com/hQPpXF2AS2</a>
&mdash; Bjorn Lomborg (@BjornLomborg) <a href="https://twitter.com/BjornLomborg/status/1885310861264199688?ref_src=twsrc%5Etfw">January 31, 2025</a></blockquote>
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Morally, it’s worse. Billions of people <a href="https://www.who.int/news/item/12-06-2024-progress-on-basic-energy-access-reverses-for-first-time-in-a-decade?utm_source=chatgpt.com" target="_blank" rel="noopener">lack access to affordable, reliable energy</a> — a right most Americans enjoy as part of the fortunate one billion. Denying them the cheapest energy sources available, all in pursuit of carbon cuts, is the real injustice. The post-election pivot to prioritize energy access and human well-being over obsessive emissions reductions is a welcome return to reason.
This moral blindness is often cloaked in self-righteous virtue. The climate movement preaches sacrifice while demanding subsidies, mandates, and central planning. It calls for collective responsibility while punishing prosperity. It seeks compliance, not progress; narrative control, not truth. In true Orwellian fashion, freedom becomes pollution, and servitude is sold as sustainability.
The damage wrought by this movement was magnified by the erosion of institutional integrity. In the corporate world, where I operate, our duty is clear: maximize value for investors, as Milton Friedman argued. Property rights demand it. Yet leaders have grown lax, allowing political Trojan horses like ESG and DEI to infiltrate and hijack companies — and their shareholder’s property — for ideological ends. Banks and firms fell in line, abandoning their core mission. The pursuit of shareholder value was replaced with pandering to fashionable causes, often disconnected from performance or accountability.
Academia has suffered similar rot, even my alma mater, the University of Texas. Take the lazy use of terms like “green,” “clean,” and “sustainable” to describe solar and wind energy. Dig into the facts: mining rare earths and manufacturing these technologies are dirty processes, often tied to child labor in Africa, and far from sustainable without heavy subsidies. Describing them as ‘green’ or ‘clean’ is more than misleading, it’s a lie. Our institutions should have been bulwarks against this coercion, but they buckled. The guardians of inquiry and meritocracy became mouthpieces for activist orthodoxy.
The 2024 election and its aftermath signal that we’ve weathered the climate movement’s storm. Now what? At Atlas Energy Solutions, our chairman’s “<a href="https://www.atlas.energy/wp-content/uploads/2025/01/Chairmans-Letter-on-ESG.pdf">Who We Are</a>” letter laid it out: we stick to the Friedman Doctrine, building a fortress against political fads and focusing solely on value creation. We’ve aimed to lead by example, and it’s heartening to see others doing the same.
Business and politics don’t mix — nor should academia and politics. Universities owe students free inquiry and critical thinking, not indoctrination. It’s time to purge ideological agendas and revive institutional excellence.
Capitalism — real capitalism — requires moral clarity. It is not a tool of oppression, but a system that rewards value creation and voluntary exchange. The climate agenda, as it stands, undermines both. To restore institutional discipline, we must reaffirm what made this country exceptional: a commitment to liberty, property rights, free markets, and the truth. That’s the only path forward. That’s how we liberate American energy — and the human potential it powers.
* * *
Bud Brigham is an energy entrepreneur from Austin, Texas, and chairman of Brigham Exploration, Brigham Royalties, Langford Energy Partners, and Atlas Energy Solutions (NYSE: AEISI). He is also a founding board member of the American Energy Association, a trade organization representing companies that unabashedly support free markets to liberate American energy.
The views expressed in this piece are those of the author and do not necessarily represent those of The Daily Wire.

High voltage towers at sunset background. Power lines against the sky

It’s Time To Liberate American Energy From Climate Dogma

Academia

Bjorn Lomborg

Democrats

Legacy Media

Minerals

Solar Power

President Donald Trump announced on Monday that any nation that purchases oil from Venezuela would be hit with a 25% tariff by the United States.
Trump <a href="https://truthsocial.com/@realDonaldTrump/posts/114217914259825110" target="_blank" rel="noopener">wrote</a> on Truth Social that the &#8220;Secondary Tariff&#8221; on Venezuela is in response to the country &#8220;purposefully and deceitfully&#8221; sending violent criminals to the United States. The Trump administration has begun deporting alleged violent Venezuelan illegal immigrants to El Salvador, where they are being held in a notorious prison.
&#8220;Among the gangs they sent to the United States, is Tren de Aragua, which has been given the designation of &#8216;Foreign Terrorist Organization.&#8217; We are in the process of returning them to Venezuela — It is a big task!&#8221; Trump said. &#8220;In addition, Venezuela has been very hostile to the United States and the Freedoms which we espouse. Therefore, any Country that purchases Oil and/or Gas from Venezuela will be forced to pay a Tariff of 25% to the United States on any Trade they do with our Country.&#8221;
The tariff is set to go into effect on April 2, which Trump has dubbed &#8220;Liberation Day in America,&#8221; when he is expected to announce large-scale <a href="https://fortune.com/2025/03/22/trump-tariffs-reciprocal-duties-liberation-targeted-levies/" target="_blank" rel="noopener">reciprocal tariffs</a> on American trade partners. Venezuela&#8217;s oil exports rose by 10.5% in 2024, which included shipments to the United States by major U.S. oil company Chevron, Reuters <a href="https://www.reuters.com/business/energy/venezuelas-2024-oil-exports-climb-105-amid-political-turmoil-2025-01-03/" target="_blank" rel="noopener">reported</a> in January. Earlier this month, Trump <a href="https://www.reuters.com/markets/commodities/us-orders-wind-down-chevrons-oil-exports-venezuela-30-days-2025-03-04/" target="_blank" rel="noopener">issued</a> a 30-day wind-down of the license the United States government granted to Chevron in 2022 to export Venezuelan oil. Chevron will have until April 3 to slow down its operation in the South American country.
The top destinations for Venezuelan oil exports include the United States, China, India, and Spain.
The Trump administration has condemned Venezuelan dictator Nicolas Maduro for claiming election victory last July despite evidence pointing to Maduro losing the election in a landslide. Both Trump and Secretary of State Marco Rubio have also accused Maduro of purposefully sending violent gang members to the United States illegally through the southern border.
&#8220;He is allowing Iran to operate out of Venezuela. He is allowing the Chinese to operate out of Venezuela. He’s threatening his neighbors in the region. He has flooded us with gang members — flooded with these Tren de Aragua gang members that are in this country doing terrible things,&#8221; Rubio <a href="https://floridapolitics.com/archives/723214-rubio-maduro/" target="_blank" rel="noopener">said</a> last month. &#8220;Why would we want someone like that to be there?&#8221;

Trump Slaps Tariff On All Countries That Buy Oil From Venezuela

Executive

Venezuela

President Donald Trump on Monday called to revive the Keystone XL pipeline project that was abandoned in 2021.
The canceled Keystone XL was supposed to be a 1,200-mile oil pipeline that shipped crude from Canadian oil sands to Nebraska. Politics and backlash from environmentalists mired the project’s necessary permits in bureaucratic limbo.
“Our Country’s doing really well, and today, I was just thinking, that the company building the Keystone XL Pipeline that was viciously jettisoned by the incompetent Biden Administration should come back to America, and get it built — NOW!” Trump <a href="https://truthsocial.com/@realDonaldTrump/posts/114061816777959152" target="_blank" rel="noopener">posted</a> on Truth Social on Monday.
“I know they were treated very badly by Sleepy Joe Biden, but the Trump Administration is very different — Easy approvals, almost immediate start! If not them, perhaps another Pipeline Company. We want the Keystone XL Pipeline built!” he added.
White House Press Secretary Karoline Leavitt also pushed for the Keystone XL project to be restarted during an interview on Fox News on Monday.
“We want the Keystone XL pipeline built,” she said.
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🚨 Karoline Leavitt Says Trump Wants to Bring Back Keystone Pipeline 🚨 <a href="https://t.co/k1YKyzQpm3">pic.twitter.com/k1YKyzQpm3</a>
&mdash; DC Shorts (@theDCshorts) <a href="https://twitter.com/theDCshorts/status/1894447274413183185?ref_src=twsrc%5Etfw">February 25, 2025</a></blockquote>
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Construction on the pipeline began in 2010 but stalled in 2015 when then-President Barack Obama revoked a key permit under pressure from environmentalists. Trump revived the project during his first term, only for former President Joe Biden to revoke the permit again on the first day of his term.
TC Energy, the company behind the project, confirmed in a June 9, 2021 press release that the pipeline had been terminated. 
South Bow Corp., a spinoff of TC Energy, has said it has no interest in reviving the dead pipeline project. Sections of the pipeline that had been constructed have been taken apart since the company announced the project’s end, according to <a href="https://www.bloomberg.com/news/articles/2025-02-25/trump-wants-canada-to-us-keystone-xl-oil-pipeline-built-now" target="_blank" rel="noopener">Bloomberg</a>.
“We continue to engage with customers to develop options to increase Canadian oil supplies to meet growing US demand,” South Bow spokeswoman Katie Stavinoha said.

Keystone XL

Trump Wants To Revive Keystone XL Pipeline Killed Under Biden: ‘Get It Built – NOW!’

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