Washington, D.C. The White House has announced that President Donald J. Trump’s energy policies are contributing to a nationwide drop in gas prices, with the average cost of regular gasoline projected to fall below $3 per gallon a level not seen since 2021.
⛽ Key Drivers Behind the Decline:
- Increased Domestic Production: The administration’s push to expand oil and gas drilling has led to record output, easing supply constraints.
- Regulatory Rollbacks: Streamlined permitting and reduced environmental restrictions have accelerated energy infrastructure projects.
- Market Confidence: Analysts from AAA and GasBuddy report consistent price drops across nearly every U.S. state, with some areas potentially seeing prices dip below $2 per gallon in the coming weeks.
📰 Local Impact Highlights:
- Florida & Texas: Cities like Orlando and Houston report five-month lows, with prices as low as $2.29.
- Midwest & Northeast: Michigan, Ohio, and New Jersey are seeing rapid declines, boosting consumer confidence ahead of the holiday season.
- West Coast: Oregon and Washington report steady drops, attributed to falling oil prices and seasonal demand shifts.
TWW - The World Wide: Global News,Local Impact.