Trump slammed Biden-Harris for the ‘war on energy’ during his 2024 campaign. Now he’s rolling back Biden-era regulations as gas sits above $4 a gallon

During his 2024 campaign, Donald Trump accused Joe Biden and Kamala Harris of waging a “war on energy” and promised at the Economic Club of New York to get “gasoline below $2 a gallon.” This week, with gas above $4 a gallon, his EPA proposed loosening Biden-era methane rules for oil and gas producers.

The proposal—according to Trump—is a win for oil and gas producers, especially small operators. Whether it moves the price at the pump, before next week’s midterms or for years after, is another question. The $45 billion savings estimate is spread over 2027 to 2050—and the rules cover leaks and venting at the wellhead, and gasoline prices track crude oil, which is trading around $103.99 as of October 30 as the Iran war continues.

Regular gasoline averaged $3.472 a gallon during Trump’s second presidency, narrowly exceeding the $3.471 average during Biden’s four years in office, according to Reuters. The national average climbed to $4.20 per gallon as of October 30.

On Tuesday in Lubbock, Texas, President Trump and EPA Administrator Lee Zeldin announced a proposal to revise Biden-era oil and natural gas regulations—with an estimated $45 billion in savings for consumers and........

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