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By June 2022, Biden’s aggressive assault on American energy had driven gas prices to an all-time high of $5.01 per gallon. That spike didn’t happen by accident. It was the predictable result of policy choices made inside the White House.
Biden canceled the Keystone XL Pipeline on Day One. He restricted drilling on federal lands. He layered regulation upon regulation, smothering domestic oil production just as Americans needed it most.
House Oversight Chairman James Comer later confirmed what families already felt. Biden’s Green New Deal agenda saddled the economy with more than $1 trillion in regulatory costs while gas prices doubled.
The pain was real. The blame was obvious.
Trump Returns—and Prices Fall Fast
With Trump back in office, the picture has changed dramatically. Gas prices are now hovering around $3.20 per gallon—roughly 36 percent lower than Biden’s peak disaster.
That didn’t happen because of luck. It happened because Trump reversed Biden’s anti-energy policies and put American producers back in the driver’s seat.
Then came the move that sent shockwaves through the global energy market.
Trump authorized what many are calling the boldest military operation since World War II, capturing Venezuelan dictator Nicolás Maduro and removing his regime from power.
Immediately, oil “experts” rushed to cable news to warn that removing Venezuela’s 800,000 barrels per day from global supply would spike prices.
They were “dead wrong.”
American Energy Dominance Breaks the Cartels
Analyst Andy Lipow of Lipow Oil Associates estimated oil prices might rise $3 per barrel—amounting to less than ten cents at the pump. Compared to the devastation caused under Biden, that increase barely registers.
What the media refuses to acknowledge is why those warnings failed.
Trump unleashed American drillers, and they delivered. U.S. oil production surged to a record 13.8 million barrels per day—outproducing Saudi Arabia and Russia combined just a few years ago.
That flood of American crude shattered OPEC’s pricing power. The Saudi government needs oil near $80 per barrel to balance its budget, yet prices have remained stuck in the $60 range for months.
In desperation, OPEC cut production by 3.24 million barrels per day, hoping to force prices higher.
It backfired.
American producers simply filled the gap. Saudi Arabia is now facing a projected $26.9 billion budget shortfall in 2025. JPMorgan warns OPEC may need even deeper cuts to prevent oil from crashing toward $40 per barrel.
That’s what happens when you try to bully the world’s largest energy producer.
Iran Is the Real Risk Democrats Ignore
While Venezuela grabs headlines, the true global energy threat lies elsewhere.
Roughly 20 percent of the world’s oil supply—about 20 million barrels per day—passes through the Strait of Hormuz between Iran and Oman. Venezuela, by comparison, represents less than 11 percent of global supply.
After Trump bombed Iranian nuclear facilities in June 2025, Iran’s parliament voted to close the Strait, though final approval from the Supreme Leader has not yet been granted.
Goldman Sachs warns a major disruption could send oil prices soaring to $120 per barrel.
Trump isn’t ignoring that risk. He reinstated maximum-pressure sanctions designed to choke Iranian oil exports to zero, cutting off the regime’s funding for terrorism.
Biden, by contrast, allowed Iran to sell oil to China—fueling Middle East violence with American weakness.
Energy Independence Restored
For years, OPEC tried to squeeze American producers out of the market. Biden helped them by kneecapping U.S. energy.
Trump did the opposite.
By unleashing domestic production, Trump collapsed the cartel’s strategy and restored American control over global energy pricing.
Biden wanted dependence. Trump delivered dominance.
Gas prices may fluctuate slightly as Venezuelan dictator oil disappears from the market, but Americans are still paying nearly $1.80 less per gallon than under Biden’s peak failure.
That difference isn’t accidental.
It’s the difference between weakness and strength—and voters can feel it every time they fill up.
