• 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

Senate Republicans defy Vance’s warning, vote to block...

October 29, 2025

Johnson argues Biden pardons ‘invalid’ after bombshell autopen...

October 28, 2025

Mike Johnson, Marjorie Taylor Greene clash in heated...

October 28, 2025

Trump dangles ‘big as you get’ carrot in...

October 28, 2025

Everything you need to know about Election Day...

October 28, 2025

House Democrats accuse Trump of trying to ‘steal’...

October 28, 2025

Trump predicts ‘very happy’ outcome ahead of face-to-face...

October 28, 2025

Schumer again blocks GOP bid to reopen government...

October 28, 2025

Trump files ‘powerhouse’ appeal in ‘politically charged’ Manhattan...

October 28, 2025

Trump rallies US military’s might, floats armed forces...

October 28, 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

  • Harris solidifies support with Black voters, Trump numbers hold steady: poll

    September 9, 2024
  • Trump directs Hegseth to pay troops during ongoing government shutdown standoff as he rails against Schumer

    October 12, 2025
  • Ripple and Tron: Ripple is losing its bullish momentum

    August 29, 2024
  • US military shoots down Houthi drones as Trump’s strikes against terrorist group continue

    March 17, 2025
  • Lawsuit accuses state department, DOJ of stonewalling FOIA requests regarding climate office personnel

    October 7, 2024

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

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

    July 19, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

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

    December 4, 2024
  • 5

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

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,577)
  • Investing (634)
  • Stock (945)

Latest Posts

  • Trump finds new leverage in Ukraine fight with Tomahawk threat and long-range strike authorization

    September 29, 2025
  • Russian drone crashes in Polish field; Warsaw protests airspace violation and plans formal complaint

    August 21, 2025
  • Days before Trump halted funding, an ex-Israeli hostage was held at UNRWA school in Gaza, she reveals

    February 9, 2025

Recent Posts

  • ‘Our position is clear:’ Zelenskyy and EU dismiss ceding Ukrainian land to Russia

    August 17, 2025
  • Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • NFL open to private equity team ownership of up to 10%, Commissioner Roger Goodell says

    July 12, 2024

Editor’s Pick

  • EURUSD and GBPUSD: Euro continues to slide under pressure

    September 4, 2024
  • Russia sounds off on Trump’s threat to retake the Panama Canal

    January 21, 2025
  • FBI email instructs employees not to promote Pride Month on bureau time: ‘Focused only on our core mission’

    May 29, 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