The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

Politics

Trump promises to ramp up energy production, lower cost of eggs during joint address: ‘Liquid gold’

by admin March 5, 2025
March 5, 2025
Trump promises to ramp up energy production, lower cost of eggs during joint address: ‘Liquid gold’

President Donald Trump promised to ‘make America affordable again’ by reducing the cost of energy during his joint address to Congress Tuesday night.

Speaking in the U.S. Capitol, Trump said that he was ‘fighting every day’ to ‘reverse’ the economic damage that he blamed on his predecessor, former President Joe Biden.

‘Joe Biden especially let the price of eggs get out of control,’ Trump said. ‘The egg price is out of control, and we’re working hard to get it back down. ‘

‘A major focus of our fight to defeat inflation is rapidly reducing the cost of energy,’ the president continued. ‘The previous administration cut the number of new oil and gas leases by 95%, slowed pipeline construction to a halt and closed more than 100 power plants. We are opening up many of those power plants right now.’

‘We have more liquid gold under our feet than any nation on earth, and by far,’ Trump said. ‘And now I fully authorize the most talented team ever assembled to go and get it. It’s called drill, baby, drill.’

Slashing energy prices was one of Trump’s many campaign promises before he was elected in November 2024. At a rally in State College, Pennsylvania, Trump vowed to lift the U.S. pause on U.S. liquefied natural gas export terminals.

‘Starting on day one of my new administration, I will end Kamala Harris’ war on Pennsylvania energy,’ Trump said to the crowd on Oct. 26. ‘And we will frack, frack, frack.’

Trump also promised his supporters that their energy bills would be halved within his first 12 months in office. Before he was confirmed, Secretary of Energy Chris Wright previously said that lowering the cost of energy was one of three of his main objectives in office.

‘Federal policies today make it too easy to stop projects and very hard to start and complete projects,’ Wright said in January. ‘This makes energy more expensive and less reliable. President Trump is committed to lowering energy costs and to do so, we must prioritize cutting red tape, enabling private sector investments, and building the infrastructure we need to make energy more affordable for families and businesses.’ 

Fox News’ Breanne Deppisch contributed to this report.

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Trump declares ‘America is back’ in speech before Congress
next post
Conservatives flip script on Senate Dems pushing identical talking points against Trump: ‘Like robots’

Related Posts

Trump envoy Richard Grenell secures freedom for 6...

February 1, 2025

Harris tells NABJ she expects to ‘earn’ the...

September 18, 2024

Biden Cabinet official poses for photo with one...

August 27, 2024

Federal judge orders Elon Musk, DOGE to reveal...

March 13, 2025

Top federal agency with history of wasteful spending...

February 8, 2025

Netanyahu gifts Fetterman a silver-plated beeper after he...

March 20, 2025

Iran’s ayatollah wants the nuclear bomb before Nov....

June 26, 2024

Harris takes aim at Trump as she vows...

August 23, 2024

Harris ripped by Trump campaign after Beyoncé doesn’t...

October 27, 2024

LGBT activists mobilize to challenge Trump’s ‘extreme gender...

February 2, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Microsoft says goodbye to the Windows blue screen of death

      July 1, 2025
    • Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros

      July 1, 2025
    • Home Depot is buying GMS for about $4.3 billion as it chases more home pros

      July 1, 2025
    • Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems

      July 1, 2025
    • The Best Five Sectors, #25

      July 1, 2025
    • Pullbacks & Reversals: Stocks Setting Up for Big Moves!

      July 1, 2025

    Categories

    • Business (1,276)
    • Politics (3,883)
    • Stocks (1,480)
    • Uncategorized (45)
    • World News (1,269)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thetraderharbor.com | All Rights Reserved