Daily on Energy: Trump downplays high prices, solar to dominate, and EPA tackles diesel farm rules
President Trump has downplayed the impact of rising oil and gasoline prices, referring to them as 'peanuts.' He continues to support military action in Iran despite its unpopularity, emphasizing the need to address nuclear threats. Meanwhile, the administration is exploring options to suspend the federal gas tax to provide relief to consumers at the pump.
- ▪Trump stated that high oil and gasoline prices are 'peanuts' despite a nearly 50% surge since the war in Iran began.
- ▪He acknowledged the unpopularity of the war but believes it is necessary to prevent nuclear threats.
- ▪The administration is working with Congress to potentially suspend the federal gas tax for over a year to help consumers.
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WHAT’S HAPPENING TODAY: Good afternoon and happy Tuesday, readers! It’s yet another hot day here in Washington D.C., and we hope you’re all staying cool and hydrated. Luckily, we should be getting some relief from the heat later in the week. 🫠☀️ In today’s newsletter, we are turning our attention to Iran, as President Donald Trump has admitted that while the war might not be popular, he believes the mission is still worth pursuing. 🇺🇲🇮🇷 Recommended Stories Daily on Energy: EPA takes on PFAS, an annual EV fee proposal, and Russian oil waiver extended Daily on Energy: An exclusive chat with Chris Wright, Cuba runs out of oil, and where gas prices stand Daily on Energy: EPA looks to roll back wastewater rules, a bipartisan LNG bill, and data center support dwindles We also have the…
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