Trump Highlights U.S. Energy Revenue Gains At Georgia Rally
8 hours ago
President Donald Trump highlighted what he described as record financial gains for the United States during a campaign rally in Perry, Georgia, on Saturday, while acknowledging concerns about rising gasoline prices.
Speaking to supporters ahead of the November 3 midterm elections, Trump said American oil and gas producers are benefiting from higher energy prices and increased demand amid the ongoing conflict in the Middle East.
The president claimed the United States is generating hundreds of billions of dollars through its energy industry, pointing to oil and gas production in states including Texas, Oklahoma and Louisiana.
Trump said his advisers had cautioned him against emphasizing those financial gains while Americans continue to face higher prices at the pump.
However, the president told supporters he decided to address the issue despite concerns about how his remarks might be portrayed.
"I could just see the fake headlines," Trump said, suggesting news organizations would criticize him for discussing financial gains while consumers struggle with fuel costs.
"But I said I don't give a damn. I'm going to say it. We're making a freaking fortune," Trump continued.
Trump also predicted that gasoline prices would decline, arguing that the country's energy industry is strengthening the American economy.
Higher oil prices can benefit domestic energy producers by increasing revenue, although they also raise costs for drivers, businesses and industries that depend on transportation.
The president's remarks come as gasoline prices remain a concern for American households. According to Reuters, the national average has climbed to approximately $4.27 per gallon, nearly 40 percent higher than a year earlier.
Trump has repeatedly emphasized domestic energy production and economic growth during his recent campaign appearances, presenting both as major accomplishments of his administration.
Saturday's rally was part of a broader effort to support Republican candidates ahead of the midterm elections, when voters will determine control of Congress.
With Election Day approaching, the economy and cost of living remain central issues for voters, particularly as higher energy prices continue to affect household budgets.
Speaking to supporters ahead of the November 3 midterm elections, Trump said American oil and gas producers are benefiting from higher energy prices and increased demand amid the ongoing conflict in the Middle East.
The president claimed the United States is generating hundreds of billions of dollars through its energy industry, pointing to oil and gas production in states including Texas, Oklahoma and Louisiana.
Trump said his advisers had cautioned him against emphasizing those financial gains while Americans continue to face higher prices at the pump.
However, the president told supporters he decided to address the issue despite concerns about how his remarks might be portrayed.
"I could just see the fake headlines," Trump said, suggesting news organizations would criticize him for discussing financial gains while consumers struggle with fuel costs.
"But I said I don't give a damn. I'm going to say it. We're making a freaking fortune," Trump continued.
Trump also predicted that gasoline prices would decline, arguing that the country's energy industry is strengthening the American economy.
Higher oil prices can benefit domestic energy producers by increasing revenue, although they also raise costs for drivers, businesses and industries that depend on transportation.
The president's remarks come as gasoline prices remain a concern for American households. According to Reuters, the national average has climbed to approximately $4.27 per gallon, nearly 40 percent higher than a year earlier.
Trump has repeatedly emphasized domestic energy production and economic growth during his recent campaign appearances, presenting both as major accomplishments of his administration.
Saturday's rally was part of a broader effort to support Republican candidates ahead of the midterm elections, when voters will determine control of Congress.
With Election Day approaching, the economy and cost of living remain central issues for voters, particularly as higher energy prices continue to affect household budgets.
