This story was originally published by the WND News Center.
Joe Biden, while in the White House, attacked America's energy in multiple ways: Canceling pipelines, limiting exports, banning exploration and drilling.
The result wasn't hard to predict. Gasoline prices for consumers exploded to as high as $6 and $7 a gallon at times, contributing to the massive inflation Americans suffered under his Democratic regime.
President Donald Trump wants to change that.
And one of his plans is to work to cut taxes on domestic oil products, lowering their costs.
The Daily Mail reports there's still instability in the world market for energy, so Trump plans to work with Republicans in Congress to lower taxes for individuals and companies.
"The national average price for a regular gas in the U.S. Thursday morning sat at $3.165 per gallon, according to AAA. This is up from $3.160 last week and $3.125 a month prior. The most expensive state for gas in the country, California, has an average price of $4.849 per gallon," the report said.
But those prices ranged in the low to mid $2 range when Trump last was in the White House.
Trump has promised to work on the "largest tax cuts" in U.S. history, and some details already have been released, including that he wants to eliminate taxes on tips, Social Security and overtime.
He also said, for business, he wants to allow 100% expensing for new factory construction, and a reduction in prices for the production of domestic iol and gas.
He has not yet offered details on cuts to reduce the cost of domestic oil and gas, but he also said he wants to refill the nation's Strategic Petroleum Reserve, which Biden drained to try to lower fuel prices as the election approached.
"The world runs on low-cost energy, and energy-producing nations like us have nothing to apologize for," Trump said. "We have more energy than any other nation in the world, and we're going to use it."
