President Trump Secures Major Deals to Unleash American Energy and Cut Gas Prices at the Pump
The White House said President Donald J. Trump's energy actions will bring down gas and diesel prices, citing record U.S. oil and natural gas production and use of the Defense Production Act to expand refining capacity. It highlighted an oil deal with Venezuela, the release of more than 130 million barrels of diesel from other countries' stockpiles, EPA fuel waivers and a $54 billion deal with Korea and Taiwan to build a natural gas pipeline in Alaska.