Former President Donald Trump has vowed to “cut” energy prices in half within his first year in office if elected president.
in the middle of city hall event President Trump on Monday in Oaks, Pennsylvania. said The audience claimed he would “lower” energy costs by 50 percent in his first year in office.
Trump added that the United States has “so much energy” that is not being tapped, noting that the United States gets “energy from Venezuela.”
“And when you take care of everything else, like the house, everything will be finished and beautiful. You'll have a home,” Trump told the crowd. “Wait a minute, wait a minute, please let me in. Starting January 20th, we will cut energy prices in half nationwide for one year.”
Trump has previously promised that if elected president, his administration would cut energy and power prices in half “within 12 months,” adding that “up to 18 months.”
S&P Global July 2024 Report Found “From 2018 to 2023,” U.S. household electricity prices rose by 21.9%.
States with the highest increases in energy prices during this period included California, Connecticut, Massachusetts, Maine, and New Hampshire.
