Trump policy should lower the cost of energy and fuel

 Rig Zone:

The American Petroleum Institute (API) on Wednesday quickly welcomed Donald Trump’s re-election as president of the United States, while clean energy campaigners responded by saying momentum is on their side.

“We congratulate President Trump on his election victory. Energy was on the ballot, and voters sent a clear signal that they want choices, not mandates, and an all-of-the-above approach that harnesses our nation’s resources and builds on the successes of his first term”, API president and chief executive Mike Sommers said in a group statement.

“We look forward to working with the incoming administration and leaders in both parties to advance bipartisan solutions that unleash American energy as a driver of economic prosperity, environmental progress and stability around the world”, added the statement on the API’s website. The group lobbies for all segments of the oil and gas industry.
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Few Americans are able to reduce their travel when prices go up. They still have to make the same trip to work and to buy groceries, and the producers still have to get their goods to market. The Biden policy made those trips more expensive and increased the cost of goods and services.

See also:

Pollsters Again Underestimate Trump Support

Opinion polls underestimated the level of Donald Trump's support for the third straight presidential election, predicting a neck-and-neck race this year with Democrat Vice President Kamala Harris when, in the end, Trump held sway over her in battleground states.

Trump's victory involved surging support in a number of demographics and regions, but analysts said pollsters failed to accurately predict races in states where the results differed significantly from the 2020 election, which Trump lost to Joe Biden.

"They did fine in battlegrounds, but ... they failed to provide the essential information that Trump was surging across the board," said Michael Bailey, a professor of political science at Georgetown University.
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