Trump Has Declared War on Cheap Gas. Again.

Ms. Sarin, a contributing Opinion writer, served in the Treasury Department in the Biden administration.

For President Trump, lower energy prices haven’t been just a nice bit of relief for American consumers. They’ve been a signature bragging right, proof of concept for his administration’s whole approach to the economy and to America’s position in the world, as well as a valuable counterexample to the higher overall costs that his tariffs brought about.

“Nobody can believe when they see the kind of numbers, especially energy,” he said during his recent State of the Union address. “When........

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