• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

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

by March 5, 2025
written by March 5, 2025

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 comment
0
FacebookTwitterPinterestEmail

previous post
Conservatives flip script on Senate Dems pushing identical talking points against Trump: ‘Like robots’
next post
Trump proclaims that ‘wokeness is dead,’ calls to permanently ban sex changes for minors

related articles

Trump warns of ‘serious consequences’ if Elon Musk...

June 7, 2025

Musk jokes about reconsidering stance on Big Beautiful...

June 7, 2025

Musk deletes explosive posts about Trump and Epstein...

June 7, 2025

House witness flips script on Dem who ambushed...

June 7, 2025

Trump’s conservative allies warn Congress faces critical ‘test’...

June 7, 2025

Call with China’s Xi, and Trump-Musk exchange fueled...

June 7, 2025

TIMELINE: Inside the evolving relationship between Trump and...

June 7, 2025

Deadly drone wars are already here and the...

June 7, 2025

FLASHBACK: Musk accused Trump, GOP leaders of not...

June 7, 2025

‘Right down the line’: Medicaid reform in ‘big,...

June 7, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Benjamin Netanyahu comes to defense of Elon Musk: ‘falsely smeared’

    January 23, 2025
  • Rubio pushes back against Mahmoud Khalil defenders: ‘Not about free speech’

    March 12, 2025
  • Trump tax leaker takes 5th in House inquiry into Biden DOJ plea deal

    June 4, 2025
  • Deadly drone wars are already here and the US is horribly unprepared

    June 7, 2025
  • House poised to pass bill that would sanction International Criminal Court for trying to arrest Netanyahu

    January 9, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,862)
  • Investing (624)
  • Stock (791)

Latest Posts

  • Ethereum continues to hold above weekly support at $3250

    July 31, 2024
  • What’s next in the Russia, Ukraine ceasefire talks?

    March 19, 2025
  • First on Fox: Republican senators urged to ‘go on offense’ on DOGE goals, highlight work with Trump, Musk

    March 24, 2025

Recent Posts

  • Asian markets close: Nikkei, Kospi down; Sensex closes 271 pts lower

    May 19, 2025
  • The dollar index returned to the positive side on Friday

    August 9, 2024
  • ‘Unethical garbage’: ProPublica faces backlash for ‘journalism’ claim after email to Hegseth gets exposed

    December 13, 2024

Editor’s Pick

  • Can Trump force Hamas to free the hostages they’re holding?

    December 18, 2024
  • Republicans conquered abortion in 2024. Will they do so in 2026?

    December 16, 2024
  • Trump FBI director nominee Kash Patel picks up support from key GOP senator

    February 19, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, 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 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock